Who will be this years stamp duty winners

Who will be this year's stamp duty winners?

Despite the recent changes to stamp duty, and the prospect of rising interest rates abating, figures from the Royal Institute of Chartered Surveyors (RICS) indicate that demand for property has been subdued in the first few months of 2015. Nevertheless, we expect the strongest markets this year to be in areas where there is a decent saving to be made on stamp duty in addition to a value gap between the area and London. 

As our table shows, the greatest average saving on stamp duty is to be found in the South East, with the East and South West not far behind, leading to a forecasted price growth of up to 3 per cent over the coming year. Only in London, where we have seen increases in the amount of stamp duty payable, are we likely to see average zero growth.

 

Further information

View Savills Stamp Duty Calculator

 

TAGS:

In plain English

Read more

Savills on Twitter

Follow us on Twitter

If you have any comments or questions regarding the Savills blog just drop us a line.

Email the Editor