Foxtons enjoys 'strong start to the year' as stamp duty rush drives up revenue
8 Articles
8 Articles
Beyond title checking: Orbital Residential expands offering as SDLT deadline doubles usage - The Conveyancing Association
April’s SDLT deadline pushed conveyancing firms up and down the country to process a month’s worth of completions in just five days. And at Orbital, we witnessed firsthand just how much pressure conveyancers were under, reflected in the surge in usage of Orbital Residential, our AI solution created to help you streamline the title checking process. Between February and March, cases piled up and Orbital Residential usage rose nearly 50% compared …
Bellway London launches campaign to support buyers facing stamp duty increase
Homebuyers can avoid the forthcoming stamp duty increase by purchasing a new home with Bellway London. From 1 April, the threshold at which buyers start paying the tax will drop from £250,000 to £125,000 for home movers and from £425,000 to £300,000 for first-time buyers – meaning many will end up paying a higher sum on their purchase. But Bellway London has launched a new campaign to help buyers with the rise in stamp duty costs. The homebuilde…
First-time buyer completions surged 131% in March ahead of Stamp Duty rollback
First-time buyer mortgage completions surged by 131% in March 2025 compared with the same month last year, according to new data from Moneybox. The spike came as buyers accelerated purchases to beat the Government’s rollback of the Stamp Duty threshold, which took effect on 1st April. Completions were 56% above levels expected based on historic trends, underlining the urgency among buyers aiming to avoid increased costs. The Autumn Budget confir…
Stamp duty moves sees Foxtons house sales close in on 10-year high – Mortgage Finance Gazette
Foxtons posted group sales up 24% to £44.1m in the first three months of the year, driven by a jump in sales ahead of stamp duty changes and higher mortgage activity at its Alexander Hall broker business. House purchase revenue was up 73% to… The post Stamp duty moves sees Foxtons house sales close in on 10-year high appeared first on Mortgage Finance Gazette.
Stamp duty changes sees Foxtons house sales near 10-year high – Mortgage Strategy
Foxtons posted group sales up 24% to £44.1m in the first three months of the year, driven by a jump in sales ahead of stamp duty changes and higher mortgage activity at its Alexander Hall broker business. House purchase revenue was up 73% to £16.4m in the period as the market “saw a heightened level of market transactions as first-time buyers in particular were motivated to transact ahead of the 31 March stamp duty deadline”. Alexander Hall…
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