Sticking with it
In this quick speed read, we look at the mood within the current property market
- Research by Rightmove indicates the vast majority of sales will continue if buyers miss the June or September SDLT deadlines.
- A proportion of buyers (25% Rightmove, 42% Dataloft subscriber poll) are likely to renegotiate on price and this may well act as a brake on rising house prices.
- Zoopla estimate 1.5 million property sales will take place this year, making 2021 the busiest market since 2007.
- Following the first lockdown, just 61% of movers felt a high street agency presence was essential, yet just 1 in 25 sellers used an independent or online agent with no presence.
- Source: Dataloft, Rightmove, Zoopla, HMRC