Stamp Duty Holiday Has Only Limited Impact On Housing Market

A leading agency claims the stamp duty holiday has actually had a minimal impact in the mainstream market, despite many suggestions to the contrary. Using OnTheMarket data, Knight Frank says that last month - March - there was a 30 per cent rise in the number of properties going under offer in England and Wales compared to the same month last year. “There was some effect from Covid-19 towards the tail end of March last year, but the breakdown by price band is revealing [about the impact on the market of the holiday]” says Knight Frank. Read more on the Estate Agent Today website.

https://www.estateagenttoday.co.uk/breaking-news/2021/4/stamp-duty-holiday-has-minimal-impact-for-much-of-market--claim