The government is not considering a stamp duty holiday extension after calls for more time following the latest Coronavirus Tier 4 rules.
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Category Archives: Buy-to-let
For the month of November a survey from Halifax showed 14% of households believe the value of their homes has increased.
Demand for housing is a third higher than a year ago although it has been slowing since the start of the stamp duty holiday.
It helps sellers and buyers if properties can sell fast and here are the results from Zoopla of the top 20 fastest selling UK homes.
Lockdown demand remains high with new sellers pricing keenly to complete before the stamp duty holiday which ends next March.
Mortgages numbers have halved in the last three months and rates are higher as cautious lenders prepare for the end of the furlough scheme.
Post lockdown the UK housing market is in a mini-boom with asking prices at record highs and rising £7,640 this month.
The Chancellor has launched a stamp duty holiday to help kick start the property market saving buyers thousands for a new home.
The number of sales are 4% higher than the pre-lockdown level rebounding in the northern cities of Leeds, Sheffield and Manchester.
As the housing market reopens there is demand with 5.2 million visits from prospective home movers supporting house prices.