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1.8m homes ‘pushed into higher stamp duty brackets in past year’ 29/06/2021, 12:03 am Around 1.8 million homes have been pushed into higher stamp duty brackets over the past year, Zoopla estimates (Yui Mok/PA) Around 1.8 million homes have been pushed into higher stamp duty brackets over the past year, a property website estimates. On average, UK house prices have increased by £10,246 in the past 12 months, Zoopla said. Intense market activity has accelerated house price growth, pushing 1.8 million properties into a higher stamp duty bracket, the website added. The findings were release...

Zoopla's latest house price index suggested that property sales are on course to record their busiest year since the last market peak just before the financial crisis in 2007.

Lack of properties for sale is driving prices to record highs

Details of new 5% deposit mortgage scheme to be outlined in Budget March 3 2021, 2.48am Terraced houses in south-east London. Ultra-low deposit mortgages are set to make a comeback with a new 5% deposit home loan guarantee scheme, details of which will be given in the Budget (Dominic Lipinski/PA) Ultra-low deposit mortgages are set to make a comeback with a new 5% deposit home loan guarantee scheme. Details about the new scheme are expected to be set out in Chancellor Rishi Sunak’s Budget on Wednesday. The scheme will be available to current homeowners as well as first-time buyers looking ...

Chancellor to unveil ultra-low deposit mortgage scheme in Budget The scheme will be available to current homeowners as well as first-time buyers looking to buy a house for up to £600,000 Updated The video will auto-play soon8Cancel Play now Sign up to the Grimsby Live newsletter for daily updates and breaking newsInvalid EmailSomething went wrong, please try again later. Sign up here! When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplain...