Stamp Duty holiday ‘has been an added bonus rather than the driving factor’ for most home-buyers

The Stamp Duty holiday "is not a dealbreaker for most buyers (especially at the top end)", says Savills, after surveying 1,300 prime property buyers and sellers.

The nine-month SDLT break is likely to cut HM Treasury's revenue by £1.5bn, says estate agency Keller William UK, having already saved property buyers £817m in tax payments.

"The prime and super-prime markets will continue to break away from the core housing market" in the coming year, forecasts Jackson-Stops.