Thanks to Financial Times, BBC News and Property Reporter for sharing my thoughts on the latest house price data from Nationwide showing a surprise increase in house prices in February.
And thank you Rishi for extending the temporary reduction in SDLT, and for tapering to avoid a ‘cliff edge’.
This is really positive for investors and homebuyers alike. Why?
SDLT has a more than proportionate impact on transactions, because affordability is heavily influenced by mortgage lending. Investors and homebuyers can borrow against the property price, but they cannot use finance to fund transaction costs.
Please click on the links below to read the full articles: