Stamp Duty Holiday Here to Stay?
The estate agent, Knight Frank, has called for the stamp duty holiday to be implemented permanently - currently this ends on 31 March 2020. They say: “On a multi-million pound property, the saving will be a small percentage of the transaction price but it represents a meaningful discount for the vast majority of UK buyers.” For the period 8 July 2020 to 3 August 2020, Knight Frank confirm that: 1. The number of offers accepted was 146% above the 5 year average for properties