96% Of Buyers Plan To Stick With Their Property Purchase If They Miss Stamp Duty Deadline

Posted on: 19 July 2021

96% of buyers plan to stick with their property purchase if they miss stamp duty deadline

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.

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