Housing market swings will be ‘less pronounced’ than after previous stamp duty changes, says Nationwide

By Daniel Gayne2024-11-01T12:16:00

Source: Shutterstock

Index shows house price growth slowed in October

Swings in purchasing activity in the housing market will not be as significant as after previous changes to stamp duty, Nationwide’s chief economist has predicted.

In the Budget on Wednesday, the chancellor confirmed that she would allow the temporary increase in the nil rate stamp duty thresholds to expire on 31 March 2025.

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