A mortgage advisor is urging people who want to buy a property to act now – before the stamp duty holiday runs out.
Matt Colley, of Moving Experience in Bristol, has seen a surge in people looking to move due to lockdown and a temporary cut to the stamp duty land tax.
But the holiday ends in March and, with the average house purchase taking up to 12 weeks, he is advising...
Record-low interest rates have helped boost an influx of buyer demand with many taking advantage to borrow more than they may have in different market conditions. As a result, the average price of mortgage funded property sales is now 10% higher than properties purchased by cash buyers in Great Britain.
This is according to the latest research by high-net-worth (HNW) mortgage broker...
