UK home sales plunge by 41% year-on-year with one factor blamed for ‘distorting’ market
UK home sales fell by 41% in March 2026 compared to the same month in 2025, according to HM Revenue and Customs, largely due to a surge in transactions the previous year ahead of the end of the stamp duty holiday. Despite the annual decline, sales rose 1% from February 2026 and marked the highest monthly total since March 2025. Analysts suggest the market shows resilience, though recent geopolitical tensions and fluctuating mortgage rates may affect future activity.
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NewsUKHome NewsUK home sales plunge by 41% year-on-year with one factor blamed for ‘distorting’ marketAbout 104,070 properties were sold in March 2026Vicky Shaw Friday 01 May 2026 07:26 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articleId":"CF1:2967964To1","articleMeta":{"url":"https://www.independent.co.uk/news/uk/home-news/uk-house-sales-mortgages-stamp-duty-b2968610.html","title":"UK home sales plunge by 41% with one factor blamed for ‘distorting’ market"}}What steps can homeowners worried about mortgage rate rises consider?Your support helps us to tell the…
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