The Stamp Duty Land Tax (SDLT) holiday ended on Wednesday (30 June) after an extension, which had a “tremendous” impact.
Hema Anand, a partner and head of residential property at BDB Pitmans, noted there has been an “unprecedented number” of completions in June.
She added: “It is the kick start the residential property market required to address pent up demand, which has been sluggish for several years. Let’s see if the momentum continues with the lesser stamp dut...