Stamp duty holiday sees thousands opt for marathon mortgages

Stamp duty holiday sees thousands opt for marathon mortgages

The stamp duty holiday fuelled a surge in 35+ year mortgage sales, leaving many vulnerable to higher costs over the long term, according to new freedom of information data from the FCA gathered by Quilter.

The government’s stamp duty holiday was first introduced in July 2020 and was withdrawn in two stages – June and September 2021. The new data reveals that at both withdrawal stages, the number of 35+ year mortgages sold increased considerably. To continue reading, please click here.
Source: Property Reporter


Get in touch with us

Curious about what is happening in the Attleborough property market? Our latest April House Price Review explores local pricing trends and what they could mean for homeowners and landlords. Understanding market movements can help you make smarter property decisions. Click the link to learn more...

There's a lot of talk about AI in estate agency, and rightly so. But here at Millbanks, I've noticed a worrying trend. Many agents are simply using this powerful new technology to speed up old, ineffective processes. Let me explain why I believe that's a mistake, and how we do things differently.

This map reveals how detached homes are spread across Attleborough, highlighting neighbourhood differences in housing types. Darker areas show higher proportions, while lighter zones reflect more terraces, semis and flats, with a clear pattern of detached homes on the outskirts shaped by historic growth and urban expansion. Click to learn more.

A well-presented two-bedroom home tucked away at the end of a quiet cul-de-sac. Offering bright open-plan living, a fitted kitchen with garden access, modern bathroom, generous parking and a private enclosed garden—ideal for first-time buyers or those seeking easy, comfortable living.