By Peter Lane & Partners
The number of residential properties sold in the UK hit a record high in March as buyers and sellers strived to complete deals before the end of the stamp duty holiday. The latest figures suggest the rush to complete deals before the deadline has driven property prices higher.
The holiday extension has proved popular: 63% of home buyers are in the market as a result of the scheme. According to statistics, 25-34 year-olds are the most likely to take advantage of it with 71% having purchased a home or claiming that they intend to do so as a result of its induction.
At Peter Lane & Partners, we are continuing to achieve record-high numbers of sales and with the benefit of two experienced after-sales coordinators, we have been able to meet anticipated completion dates for our clients.
As we are still experiencing demand outstripping supply we would advise anyone looking to make that move to contact our friendly, experienced, Covid safe staff at Peter Lane & Partners, who will arrange a free no-obligation market appraisal of your property.