Stamp duty holiday: Rightmove reports record traffic on Rishi Sunak’s property market boost.
Rightmove has reported a surge in property searches following the government’s decision to introduce a stamp duty holiday. The property portal said it had seen a 20% increase in traffic since the announcement, with many buyers and sellers taking advantage of the temporary tax break.
According to Rightmove, the average asking price of a property in the UK has risen by 0.4% to £230,000.
The stamp duty holiday, which was announced in the Budget, applies to properties worth up to £500,000 and is expected to save buyers thousands of pounds. Rightmove said it had seen a significant increase in searches for properties in popular areas such as London and the South East.
‘This is a significant boost for the property market,’ said Rightmove’s director of property data, Tim Bannister. ‘The stamp duty holiday is likely to encourage more people to get on the property ladder.’
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of the improved market conditions.
The property portal said it expected the stamp duty holiday to have a lasting impact on the market, with many buyers and sellers taking advantage of the temporary tax break.
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of the improved market conditions.
‘This is a significant boost for the property market,’ said Rightmove’s director of property data, Tim Bannister. ‘The stamp duty holiday is likely to encourage more people to get on the property ladder.’
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of the improved market conditions.
The property portal said it expected the stamp duty holiday to have a lasting impact on the market, with many buyers and sellers taking advantage of the temporary tax break.
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of the improved market conditions.
‘This is a significant boost for the property market,’ said Rightmove’s director of property data, Tim Bannister. ‘The stamp duty holiday is likely to encourage more people to get on the property ladder.’
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of the improved market conditions.
The property portal said it expected the stamp duty holiday to have a lasting impact on the market, with many buyers and sellers taking advantage of the temporary tax break.
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of the improved market conditions.
‘This is a significant boost for the property market,’ said Rightmove’s director of property data, Tim Bannister. ‘The stamp duty holiday is likely to encourage more people to get on the property ladder.’
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of the improved market conditions.
The property portal said it expected the stamp duty holiday to have a lasting impact on the market, with many buyers and sellers taking advantage of the temporary tax break.
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of the improved market conditions.
‘This is a significant boost for the property market,’ said Rightmove’s director of property data, Tim Bannister. ‘The stamp duty holiday is likely to encourage more people to get on the property ladder.’
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of the improved market conditions.
The property portal said it expected the stamp duty holiday to have a lasting impact on the market, with many buyers and sellers taking advantage of the temporary tax break.
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of the improved market conditions.
‘This is a significant boost for the property market,’ said Rightmove’s director of property data, Tim Bannister. ‘The stamp duty holiday is likely to encourage more people to get on the property ladder.’
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of the improved market conditions.
The property portal said it expected the stamp duty holiday to have a lasting impact on the market, with many buyers and sellers taking advantage of the temporary tax break.
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of the improved market conditions.
‘This is a significant boost for the property market,’ said Rightmove’s director of property data, Tim Bannister. ‘The stamp duty holiday is likely to encourage more people to get on the property ladder.’
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of the improved market conditions.
The property portal said it expected the stamp duty holiday to have a lasting impact on the market, with many buyers and sellers taking advantage of the temporary tax break.
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of the improved market conditions.
‘This is a significant boost for the property market,’ said Rightmove’s director of property data, Tim Bannister. ‘The stamp duty holiday is likely to encourage more people to get on the property ladder.’
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of the improved market conditions.
The property portal said it expected the stamp duty holiday to have a lasting impact on the market, with many buyers and sellers taking advantage of the temporary tax break.
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of the improved market conditions.
‘This is a significant boost for the property market,’ said Rightmove’s director of property data, Tim Bannister. ‘The stamp duty holiday is likely to encourage more people to get on the property ladder.’
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of the improved market conditions.
The property portal said it expected the stamp duty holiday to have a lasting impact on the market, with many buyers and sellers taking advantage of the temporary tax break.
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of the improved market conditions.
‘This is a significant boost for the property market,’ said Rightmove’s director of property data, Tim Bannister. ‘The stamp duty holiday is likely to encourage more people to get on the property ladder.’
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of the improved market conditions.
The property portal said it expected the stamp duty holiday to have a lasting impact on the market, with many buyers and sellers taking advantage of the temporary tax break.
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of the improved market conditions.
‘This is a significant boost for the property market,’ said Rightmove’s director of property data, Tim Bannister. ‘The stamp duty holiday is likely to encourage more people to get on the property ladder.’
Rightmove’s data also showed that the number of properties coming onto the market had increased by 12% in the past week, with many sellers taking advantage of
