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The pressure of completing a house purchase ahead of the stamp duty, LTT and LBTT holiday deadlines means we have seen an extremely high number of potential buyers flood the market in November, in the hope of finding their dream home.
We remain very concerned about the impact of the stamp duty, LTT and LBTT cliff edges on the 31st March, with nearly three in five (56 per cent) estate agents expecting to see an increase in failed sales next year due to buyers realising their sale will not complete ahead of the deadline.
Mark HaywardChief Policy Advisor Propertymark