News & Events - Residential Lettings

September Housing Market Update

It has been another interesting month in the housing market with the latest 2021 RICS UK Residential Survey results reporting a continued softening in market activity last month, although members responding to the survey are apparently reporting they do expect activity to stabilise and take a modestly positive trend looking ahead over the next twelve months. Some of the reports key findings are:

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Rees-Mogg Shuts Down Stamp Duty Holiday Extension Debate

With pressure growing on Chancellor Rishi Sunak over the last few weeks to extend the stamp Duty Holiday beyond the 31st March, from home buyers and sellers and the property industry itself, any hopes for this matter to be publically debated in parliament appear now to have been completely dashed. Does this mean there is now no hope left for seeing the Chancellor grant an extension?

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Buyer & Seller positive sentiment a key factor for the housing market in 2021.

It’s going to be a very interesting year for the property market and whilst there may be some difficulties ahead, we may need to look more positively on what’s past, and take advantage of the power that positive sentiment amongst buyers and sellers can bring to the housing market this year. Our Sales Director Tony Wing takes a look at these matters in more detail.

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