The stamp duty holiday is coming to an end, but pent up demand and a covid induced backlog means thousands of potential homeowners are missing out on their dream home.
The hard deadline of 31 March 2021 risks pushing the property market over the edge, deepening what’s already the worst recession in Europe.
We’re calling on the government to raise the stamp duty threshold to £500,000 permanently. Our analysis recently revealed that doing so could unlock 216,000 house moves, equivalent to the total housing stock of the city of Manchester.
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