Finance News – Borrowing
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The Guardian – Business • May 01, 2025
UK mortgage lending at four-year high amid rush to avoid stamp duty rise
In March, UK mortgage borrowing surged by 290% due to a stamp duty rise, marking a four-year peak, while approvals for new home purchases declined for the third consecutive month.
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City A.M. • May 01, 2025
Mortgage borrowing surges ahead of stamp duty changes
In March, mortgage borrowing increased significantly by £9.7 billion as buyers sought to finalize purchases prior to upcoming stamp duty tax hikes, surpassing analysts' expectation...
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