According to a recent review, property buyers in London saved more than £1bn thanks to the stamp duty holiday. Analysis of close to 87,000 property deals in the capital, saw a figure of more than £1,01bn saved in the first wave of the stamp duty holiday.
While this has been a trying time, the housing market remains in a strong position. At David Harris & Co, we work closely with buyers, vendors, landlords and tenants. We know there is considerable demand for property, and we are pleased to say we have assisted many people with moves.
There is significant demand for homes right now, but buyers and vendors should be aware of potential delays. The level of activity in the market has created a backlog in some areas.