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House prices have surged close to a record high as buyers race to avoid a looming increase in stamp duty. Property prices rose by 0.7pc between November and December, according to the Nationwide ...

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The stamp duty hike in April could also act as another barrier to affordability. Real estate consultancy Knight Frank expects house prices to grow 2.5% in 2025, 3% in 2026 and 3.5% in 2027 ...

But Nationwide has said that stamp duty changes this spring could generate volatility, triggering a jump in house sales in early 2025, followed by a “weaker” period. In April, a temporary ...

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It means the average home now costs £297,166, it added. In April, house buyers in England and Northern Ireland will start paying stamp duty on properties over £125,000, instead of over £250,000 ...

Over the past year, UK house prices have risen to £292,000 on average, according to official data from HM Land Registry. This leaves the typical buyer with a stamp duty bill in the region of £2,100.