Stamp duty rush boosts March house prices

20th May 2016

The ONS has said that UK house prices increased in March at their fastest monthly rate since 2004 as buy-to-let investors accelerated purchases ahead of a stamp duty rise in April. Its UK house price index increased by 2.5% between February and March to take the average price of a home to £291,820. The biggest increase in house prices came in London, where they rose 13%, while house prices in the South East rose by 12.2%.

The Daily Telegraph (17/05/2016)