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Business & Economics

House prices: Stamp duty changes will motivate buyers, says the Halifax

BBC
Summary
Nutrition label

86% Informative

Average UK home now costs close to the 300,000 mark, says Halifax mortgage broker.

Rival lender Nationwide says UK housing market has been "remarkably resilient" in 2024 .

First -time buyers currently pay no stamp duty on homes up to 425,000 , but this will drop in April .

Experts expect sales to increase over the next few months ahead of the stamp duty changes.

VR Score

92

Informative language

93

Neutral language

74

Article tone

informal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

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