Treasury floats SDLT holiday as part of Coronavirus recovery measures

The housing market has been re-opened after the Covid-19 lockdown, but it is "not a return to normality" for home movers or for the property industry.

The Bank of England has cut the base interest rate by 0.5%, taking it back down to a mere 0.25%, as part of a package of emergency measures to cope with the economic effects of the Coronavirus outbreak.

"It seems likely that Covid-19, combined with last month’s floods, will have completely wrecked any positive effects that political certainty since the general election may have provided to the housing…