"Figure 13: The introduction of the first-time buyers’ relief in Dec 2017 caused on average a 12.6 percentage point reduction in the annual growth ","" "UK, Jan 2015 to Sept 2019","" "","" "Notes","" "Unit","%" "","" "Period","Stamp Duty Index (no FTB)","Stamp Duty Index","Difference due to FTB" "Jan-15","-5.2","-5.2","0" "Feb-15","-1.3","-1.3","0" "Mar-15","-5.3","-5.3","0" "Apr-15","-10.9","-10.9","0" "May-15","-9.6","-9.6","0" "Jun-15","-10.4","-10.4","0" "Jul-15","-8.7","-8.7","0" "Aug-15","-8.9","-8.9","0" "Sep-15","-7.7","-7.7","0" "Oct-15","-10","-10","0" "Nov-15","-4.9","-4.9","0" "Dec-15","21.2","21.2","0" "Jan-16","20","20","0" "Feb-16","12.6","12.6","0" "Mar-16","19.9","19.9","0" "Apr-16","18.7","18.7","0" "May-16","16.7","16.7","0" "Jun-16","20.4","20.4","0" "Jul-16","16.2","16.2","0" "Aug-16","12.1","12.1","0" "Sep-16","11.1","11.1","0" "Oct-16","13.7","13.7","0" "Nov-16","9.7","9.7","0" "Dec-16","8.9","8.9","0" "Jan-17","15.4","15.4","0" "Feb-17","17.1","17.1","0" "Mar-17","14","14","0" "Apr-17","20.3","20.3","0" "May-17","16.4","16.4","0" "Jun-17","14.6","14.6","0" "Jul-17","14.3","14.3","0" "Aug-17","19.3","19.3","0" "Sep-17","16.7","16.7","0" "Oct-17","17.5","17.5","0" "Nov-17","14.1","14.1","0" "Dec-17","15","1.1","-13.9" "Jan-18","7.6","-5.1","-12.8" "Feb-18","7.6","-5.3","-12.9" "Mar-18","4.1","-8.7","-12.8" "Apr-18","2.1","-10.1","-12.3" "May-18","4.7","-7.7","-12.4" "Jun-18","3.8","-8.5","-12.3" "Jul-18","5.7","-6.6","-12.2" "Aug-18","1.8","-10.3","-12.1" "Sep-18","3.4","-8.8","-12.3" "Oct-18","1.9","-10.3","-12.2" "Nov-18","4","-8.4","-12.4" "Dec-18","0.9","0.8","-0.1" "Jan-19","0.1","-0.1","-0.2" "Feb-19","0.6","0.5","-0.1" "Mar-19","2","2.1","0.1" "Apr-19","1.4","1.2","-0.2" "May-19","0.3","-0.1","-0.4" "Jun-19","0.5","0.2","-0.2" "Jul-19","-1.1","-1.5","-0.4" "Aug-19","2.3","2.5","0.2" "Sep-19","3.1","3.3","0.2"