Barclays says March was busiest month in property market since 2021, driven by scramble to avoid higher costs
The number of mortgage completions in the UK increased by 50% during a “blockbuster” March as buyers raced to avoid higher stamp duty payments, according to Barclays.
The lender reported its busiest month in the UK property market in years, with the highest number of completions since September 2021, when low interest rates were driving a pandemic-era house price surge.
