Relevant news on the UK property market and what it means for sellers

Budget boost

Boost to the property market with stamp duty extension to June and tapered until September, plus government guaranteed 95% mortgages <£600k.

7 Mar 2021

Stamp duty extension coming

Stamp duty will be extended next week in the Budget, a financing boost for first time buyers and extension to the furlough scheme.

28 Feb 2021

Buyers waiting for budget announcement

Offers are slowing down with agents stating some buyers are waiting for the Budget announcement on March 3rd.

21 Feb 2021

Stock levels down significantly

With stock levels down 30% from September, those properties coming to the market realistically priced are achieving good interest.

14 Feb 2021

House prices softening

Houses prices declined -0.3% month-on-month in January and the average value of properties going under offer declined into February.

7 Feb 2021

Desperate house buyers race to finalise deals before looming stamp duty deadline

The government suspended stamp duty last summer amid the coronavirus pandemic but with the March 30 deadline fast approaching the market has turned into a nightmare.

3 Feb 2021

Stamp duty holiday window closes

Sales agreed now are highly unlikely to be completed by March 31, and therefore buyers from now will miss the stamp duty holiday.

30 Jan 2021

Home buying bottleneck means transactions taking longer to complete

The average property is taking nearly a month longer to sell once under offer, due to a conveyancing bottleneck that has developed since the property market shutdown in March and April.

29 Jan 2021


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