THE COUNT DOWN

THE COUNT DOWN

THE STAMP DUTY COUNTDOWN...

Stamp duty tax is very much the housing market topic of conversation as we all know. If you mention the words ‘stamp duty’ to a solicitor the chances are they feel the urge to put the phone down… The SDT holiday has created a storm of sales AND a pipeline of slow movers too.

This is a great graphic made via Zoopla to give you an idea how the next few months might unfold. The key thing to note is that this is data based on averages and we are currently in circumstances far far far from average…. With this in mind I would suggest knocking at least 15-20% off each of these columns. It does however give you an honest idea of expectations.

There will be stress, there will be tears, but we are committed to working all the hours needed to make sure our clients hit the deadline! We have solicitors committed to working the pre-sale legal work for free and we have trusted mortgage advisers that are as committed as us to all that’s needed.

If you need us then please drop us a message or give us a call.

01344 249500



Get in touch with us

Across the UK and here in Tadley, the property market remains surprisingly active despite the issues at home and abroad. House prices are steady, buyers are still being selective, and the market itself is evolving.

The latest figures from the Office for National Statistics (ONS) suggest something rather unexpected. After years of worsening affordability, the picture has begun to improve. Wages have risen faster than house prices since 2021, nudging the headline affordability ratios in the right direction. On the face of it, that feels like progress.

For decades, the flat was the natural starting point for many first-time home buyers. The first rung of the ladder. The affordable option. The stepping stone to something bigger. For landlords, it was a dependable investment. For first-time buyers, it was often the only way in.

For much of the last two decades, bungalows have quietly slipped out of fashion. Overshadowed by those glossy new build developments, three storey townhouses and open plan ‘modern living’, they became seen by many as somewhere only your granny lives rather than an aspirational home move.