Auction Insights
How are buyers and sellers feeling about auction?
Discover how consumer attitudes towards auction are changing.
4 mins
Buyers rush to Auctions ahead of Stamp Duty deadline
With the upcoming changes to Stamp Duty Land Tax set to take effect in April 2025, homeowners are increasingly turning to Auction to secure the current rates before the deadline.
Our most recent data shows there has been a significant surge in Auction activity, with properties sold up by 17.3% in the last three months alone. Bidding activity has also risen by a one-third compared to last year, driven by the approaching tax changes and the growing consumer confidence in the Auction process.
Discover how this shift in the market is presenting new opportunities for Estate Agents here.
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