Where property markets have boomed since return of stamp duty

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In the first six months since the return of Stamp Duty to pre-pandemic rates, the property markets in Norwich, Nottingham and Lincoln were the busiest in the UK for sales, new research has revealed.

– 61.4, Preston – 61.8, Stoke-on-Trent – 67.8, Reading – 74.1, Manchester – 74.6, Newcastle – 76.5 and Blackpool – 77.0

it was seen that across the country, people who already owned a property paid an average of £5,241 while first-time buyers paid £2,291. Places where average SDLT paid was lowest included: Blackpool – £341, Hull – £623, Sunderland – £745, Middlesbrough – £766, Barnsley – £777, Blackburn – £830, Rotherham – £985, and Rochdale – £1,227.

Source: Financial Digest (financialdigest.net)

 

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