How much money are homeowners now making when they sell?

This is Money Podcast

This is Money

Business News, Business, Investing, News

4.1 • 650 Ratings

🗓️ 17 January 2025

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

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Summary

How much homeowners are making when they come to sell up is shrinking - new data shows home-selling profits are at its lowest point for nearly a decade.

This week, Simon Lambert, Georgie Frost and Lee Boyce discuss the figures and delve into the pockets of Britain where house asking prices have grown the most in the past year, bucking the trend.

With looming stamp duty changes happening in April, what will that do to the property market... and is it a fair system?

With billions of pounds worth of cash Isas maturing in the coming months, is the tax-free season kicking off early? It appears so, with a battle for easy-access cash.

Inflation falls - so is the threat of stagflation over?

And the Jellycat craze continues to sweep Britain - is it time to invest in the cult soft toys, or have a raid of your house for any rare ones potentially lurking in the loft.

Transcript

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0:00.0	Welcome to This Is Money podcast sponsored by Charles Stanley Direct. I'm Georgie Frost and joining me and Simon Labbert today is Lee Boyce.
0:10.7	And coming up, how much homeowners are making when they come to sell up is shrinking? Is it just another example of intergenerational unfairness?
0:20.2	Is ice a season kicking off early?
0:22.2	As some juicy top rates hit the market, Lee has more.
0:25.7	Inflation falls, so is the threat of stagflation over.
0:29.7	And the jellycat craze continues to sweep Britain.
0:32.9	Is it time to invest in the cult soft toys?
0:36.4	Don't forget you stop today with all the latest breaking
0:38.3	money news. Just go to this ismoney.co.com.uk or download the app. Take control of your finances
0:45.2	with Charles Stanley Direct. Invest, save, coach or plan using technology where it's helpful
0:53.1	and people where it matters.
0:55.0	Our website and app make trading cost-effective and flexible, but we're more than just an online investment service.
1:02.0	We're here for you regardless of your financial needs, or if your life takes an unexpected term.
1:08.0	Your finances, your way. Take control today with Charles Stanley Direct. Sign up now.
1:15.3	Investment involves risk. But first, the amount of money we're making when we come to sell our homes is
1:20.3	shrinking. Now that's according to new data analysis by estate agents Hamptons, who say returns
1:26.3	from property have fallen to the lowest level
1:28.5	since at least 2015 when they started recording this stuff.
1:32.7	Last year, the average seller in England and Wales got around £11,000 less than had they sold in
1:38.7	2023 and about $21,000 less, if my maths is right, from the peak in 2022.
1:45.6	Despite these lower price gains, 91% still sold their home in 2024 for more than they paid.
1:52.0	So what does this all tell us?
	...

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