Home movers in the UK have seen average savings of £5,000 due to stamp duty change

Stamp duty changes have resulted in UK home movers seeing average saving of £5,000 since 2010 but fewer people are moving home, new research has found. The number of people moving house in 2005 stood at 365,000, slightly behind the 366,400 who moved in 2014, according to the latest Lloyds Bank Home Mover Review report. Whilst the 2015 levels are 16% higher than the 2009 market low of 315,800, they are just half of the 2006 peak level of 712,000, the data also shows. Over the past five years the...