1.3 million buyers have benefitted from the the Stamp Duty holiday
"We haven’t yet seen any significant increase in properties falling through so it looks like most are going ahead regardless," says Tim Bannister, Rightmove’s Director of Property Data. Although he suggests that "inevitably there will be some properties coming back onto the market later this week and next week if a buyer and seller are unable to agree new terms if the buyer misses out on the maximum stamp duty savings."
Agency bosses praise ‘perfectly timed’ Stamp Duty holiday
"The stamp duty holiday was perfectly timed to enable more people to improve their set up by moving," says Marsh & Parsons.
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RICS calls for Stamp Duty holiday as surveyors anticipate property market freefall
"These are exceptional circumstances," warn surveyors, "and the Government will need to consider all avenues that could feasibly rebuild confidence, bridging the gap between uncertainty and recovery.
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Prime London property sales drop sharply as Stamp Duty holiday unwinds
Annual property price inflation in Prime Central London has picked up to 0.8%; the highest rate since May 2016.
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