The UK’s Most-Affordable Areas

The UK’s Most-Affordable Areas

The stamp duty tax holiday was introduced in July 2020 to help home buyers and stimulate the economy after the first COVID-19 lockdown. It mean't homebuyers in England and Northern Ireland did not have to pay any tax on the first £500,000 of the property price, instead of the usual first £125,000.

The full tax relief ended on 30th June 2021, after which it was reduced down to £250,000 between the 1st of July and the 30th of September. So, who took advantage of the full stamp duty tax relief, and which region is pushing for more affordable housing projects? Finding out this information can help ensure you save money, especially if you’re preparing to move house in the last few months of the reduced stamp duty holiday.
So who took advantage of the full stamp duty holiday? To find out please click here
Source: Property Wire


Get in touch with us

Thinking of putting your home on the market soon? If you’re aiming to list within the next 90 days, this guide is for you. Here’s how to sharpen your strategy so you don’t just sell, you get the sale you want.

This map highlights the average size of homes sold across the UK since 2020, measured in square feet from completed sales. What stands out is how little the averages vary between regions, despite very different housing types. Northern Ireland is the clear exception, with noticeably larger homes on average.

The latest 0.25% interest rate cut may look modest on paper, saving the average variable mortgage holder around £31 a month, but its real influence runs deeper. Property markets are powered by confidence, and with mortgage rates easing and lenders competing again, sentiment is shifting. That change in mood is starting to matter.

This week’s property update looks at the latest £-per-square-foot trends, offering a snapshot of how the market is moving. While small shifts may not signal price changes, they reveal the evolving mix of homes for sale and provide valuable insight into overall market health and momentum.