London housing market facing ‘stamp duty hangover’ ahead of rise in buying costs

A stamp duty ‘hangover’ has struck London, Zoopla said (Yui Mok/PA) - (PA Archive)

A stamp duty “hangover” has struck London, with demand from home buyers falling back, according to an index.

Zoopla estimates that around eight in 10 first-time buyers in London will pay stamp duty from April 2025, compared with less than half under current thresholds.