After lockdowns devastated UK real estate sector, could Covid clauses protect homebuyers and sellers?

After months of playing down the prospect of an extension to the stamp tax holiday for property sales of up to £500,000, UK Chancellor Rishi Sunak ultimately opted for a bold new set of stimulus measures for the British housing sector in the 2021 budget unveiled earlier this month. In addition to a three month extension toContinue reading “After lockdowns devastated UK real estate sector, could Covid clauses protect homebuyers and sellers?”

Falling house prices and forced sales fears: five reasons why the property market is in a tailspin

Warning signs are flashing red for the property market, as key indicators suggest house prices could plunge by more than 6pc. Property values could even start to fall before the stamp duty holiday comes to an end on March 31, experts have warned. The return of the tax is expected to accelerate the slump andContinue reading “Falling house prices and forced sales fears: five reasons why the property market is in a tailspin”