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Budget: More stimulus for the housing market

A stamp holiday extension and mortgage support scheme should keep the froth in the UK’s housing market
Budget: More stimulus for the housing market
  • Stamp duty break extended
  • Guarantee on 95 per cent loan-to-value mortgages

The stamp duty holiday has been extended by three months to the end of June, enabling more buyers to take advantage of potential savings and potentially boosting UK house prices further.

Since the tax holiday was introduced in July, the property industry has struggled to cope with surging demand, creating bottlenecks in transactions for mortgage brokers and conveyancers. 

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