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Sales double in rush to beat stamp duty deadline
Derby Telegraph
|May 01, 2025
HOUSE sales more than doubled in March compared with the same month a year earlier, as buyers rushed to beat a stamp duty deadline.
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Across the UK, an estimated 177,370 sales took place in March - a 104% increase compared with the 86,810 sales recorded in March 2024 - according to HM Revenue and Customs (HMRC) figures.
The March 2025 total was also 62% higher when compared with the previous month, when 109,700 sales took place.
From April 1, stamp duty discounts became less generous for some home buyers.
Nil-rate threshold which had been £250,000 and £425,00 returned to their previous respective levels of £125,000 and £300,000.
This story is from the May 01, 2025 edition of Derby Telegraph.
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