An unexpected claim was made over the weekend – that the long-running stamp duty holiday was not, after all, behind the frenzy of transactions for much of the past 12 months.
The think-tank the Resolution Foundation claims that the holiday’s impact has been overstated, with other factors playing an equal, if not more important, role.
The foundation’s quarterly Housing Outlook examines the recent house price boom during which the average value of a UK home increased by 13.2 per cent between June 2020 and June 2021.
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