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. But Knight Frank warns that the temporary tax break has "distorted activity and put upwards pressure on prices."
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.
Extending the Stamp Duty holiday could double the rate of house price inflation in 2021, predicts agency
"The prime and super-prime markets will continue to break away from the core housing market" in the coming year, forecasts Jackson-Stops.
Property markets to ‘remain stable’ in 2020, but prime buyers are ‘becoming less compromising’
Estate agency Jackson-Stops shares its predictions for country property markets next year
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