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Book AppointmentAgents already cutting asking prices ahead of Stamp Duty deadline
Asking prices are already being reduced as agents and sellers appear keen to attract buyers who want to beat the Stamp Duty deadline.
The property tax thresholds are set to drop in April and many agents are predicting a rush among buyers before the cost of buying a home increases.
New research suggests Norfolk tops the table for asking price cuts, having seen the most properties reduced in asking price so far in 2025.
Self-employed agency brand eXp UK analysed more than 322,000 homes currently listed for sale across the market in England, looking at what proportion of this stock has seen an asking price reduction.
The figures show that as many as 113,612 homes have seen a reduction in asking price in the current market, equating to 35.3% of total market for sale stock.
Norfolk is home to the best chance of bagging a bargain in the January sales, with 44.6% of all homes currently listed on the market having seen an asking price reduction. Estate Agent Today
