Stamp duty holiday ‘sparks home-moving frenzy’ in southern commuter belt
Almost 94,000 new property listings were brought to market across London, the South East and East of England between 8th July and 16th August, reports Rightmove - which is over 31,000 more than the same period in 2019.
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Stamp Duty holiday should not have been extended, says RICS
“We would urge the Government to undertake a full-scale review of the current stamp duty land tax system," says the Royal Institute of Chartered Surveyors.
Average property prices leapt 4.5% in the month before the Stamp Duty holiday deadline – UK HPI
The average UK house price increased by 13.2% in the year to June 2021, up from 9.8% in May, according to the latest official UK HPI.
Buyer demand cools as stamp duty holiday tapers
"The overall tone to the market remains firm", says the RICS, with property prices continuing to rise despite a drop in new buyer enquiries.
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