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Housing Market Newcastle News April 2021 Housing Market Newcastle News April 2021 Discussed by Smartmove North East
Newcastle News April 2021
House price growth wipes out Stamp Duty saving
Homeowners warned that the house price boom will see them £10k worse off reports Anna Cottrell of âIdeal Homesâ
Research by Newcastle-based property developer, StripeHomes, has found that a hot housing market driven by the stamp duty holiday has seen the saving on offer wiped out by house price increases in all but two major cities.
StripeHomes analysed house price growth since the introduction of the stamp duty holiday in July of last year across 18 major cities in England and how this compares with the saving on offer via the tax reprieve.