Property Market Updates

The property market has reopened now across the UK. Estate agents are conducting in-person house viewings again and buyers are able to move home once more.

All UK governments have also temporarily cut stamp duty. This means buyers could potentially save up to £15,000 in tax if they move home before April 2021.

The government has designed stamp duty cut to reignite the property market in the wake of COVID-19. Though there are signs that the wheels were already beginning to turn.

Looking for first-time buyer mortgage in Leeds? Please contact on 0113 2488181 OR click here.

HMRC’s provisional data shows that 70,710 property sales went through in July, up 14.5% on June’s figures but down 27% year-on-year.

HMRC says the stamp duty holiday is unlikely to impact on transaction figures until late August or early September. However, the property portal Rightmove says more sales are now being agreed than at any point in the last decade.

Looking for a best estate agent in Leeds? Click here to get more updates in the property market of the UK!

Care4properties are property specialists and offer to sell or buy residential and commercial properties to potential buyers, sellers or investors. We follow the transaction closely from the beginning to the end. We also provide exclusive services for you to let out your property with extreme care and due diligence. If you are looking for a property to rent for yourself or for your family, we have a wide range of properties to offer that suits your budget. We also provide services such as building insurance, building works and maintenance services for our customers for a reasonable fee.

Leave a Reply