Simon and Stuart chat about a recent article in the Financial Times claiming property transactions are increasing thanks to the stamp duty holiday. Show notes include a link to the source data.
This week's conversation covered:
* House sales climb for second month.
* Based on HMRC figures (https://www.gov.uk/government/statistics/monthly-property-transactions-completed-in-the-uk-with-value-40000-or-above) using stamp duty records (direct PDF link (https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/919311/MPT_Com_Sep_20__cir_.pdf)).
* Too early to be from the stamp duty holiday.
* High LTV mortgage products are currently rare.
* Transactions are recovering well, but they're currently still down from last year.
* Was the stamp duty holiday too early?
* Will the stamp duty holiday be extended?
* A lot of the recovery in transactions will just be catching up from what was missed.
* Sold, STC!
* On the market for less than 10 days.
* Home information packs to speed up conveyancing.
* Don't believe the blockchain hype!
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