archiveStamp duty

Golant in Cornwall, which is near Fowey where stars like Gordon Ramsay and Dawn French have owned homes, was once a glamorous property hot spot, but is now said to be a 'ghost town' after a tax blitz on second homesSarah Tulloch Senior Lifestyle and Features Reporter and Toby Codd09:53, 23 Jun 2025Debbie warned the area could become a 'ghost town'(Image: Debbie Pugh-Jones / SWNS)Desperate residents in a picturesque UK village are being forced to drastically reduce their property prices after demand for homes nosedived due to a tax crackdown...

UK house prices slump by £1,150 month-on-month (Image: Getty)Average house prices in the UK fell by around £1,150 or 0.4% month-on-month in May, according to a leading index.Property prices now average £296,648, compared to £297,798 last month, Halifax has said. But, despite the monthly price drop, property values are still more than £7,000 higher than last year, Halifax said. May’s month-on-month price fall follows a 0.3% increase in April. Amanda Bryden, head of mortgages at Halifax, said: "These small monthly movements point to a housing market that has remained largely...

House prices in the UK picked up again in May, helped by favourable market conditions for buyers, according to Nationwide Building Society.Prices rose by 0.5% compared to April, when they had fallen by 0.6%. The average property now costs £273,427. On a yearly basis, prices were up 3.5%, a slight increase from April’s 3.4% rise. Nationwide said the market remains “supportive” for those looking to buy. Robert Gardner, Nationwide’s chief economist, said: “Despite wider economic uncertainties in the global economy, underlying conditions for potential home buyers in the UK remain...

As house prices lept by a whopping 5.4% in the year up to February, we have created an interactive map highlighting the average house price in each area of the country - enter your postcode to check your local marketCheck house prices in your area using our interactive map(Image: Tim Graham/Getty Images)House prices across the UK soared by a staggering 5.4 percent in the year up to February, and now you can check house prices in your area using our interactive map. According to the Office for National Statistics (ONS),...

UK house prices fell in March, according to Halifax, reflecting a cooling in the market as the stamp duty tax break comes to an end. The average UK house price registered a 0.5% dip from the previous month, or £1,575 in cash terms, leaving the average cost of a home at £296,699, according to the lender. Prices were up 2.8% from March last year, unchanged from the annual rate in February. Amanda Bryden, head of Mortgages at Halifax, said: “House prices rose in January as buyers rushed to beat the...

UK house prices fell in March, according to Halifax, reflecting a cooling in the market as the stamp duty tax break comes to an end. The average UK house price registered a 0.5% dip from the previous month, or £1,575 in cash terms, leaving the average cost of a home at £296,699, according to the lender. Prices were up 2.8% from March last year, unchanged from the annual rate in February. Amanda Bryden, head of Mortgages at Halifax, said: “House prices rose in January as buyers rushed to beat the...