New research from all-in-one property platform, WiggyWam, has shown that UK estate agents generated an estimated £2.7 billion in agency fees since the introduction of the stamp duty holiday. 

Since July of last year, the housing market has experienced unprecedented demand and estate agents have been working flat out.

An estimated 772,830 transactions have completed between July 2020 and May 2021 at an average price of £245,079.

With an average UK agency fee of 1.42 percent per transaction (equivalent to £3,480), total fees generated have reached just below £2.7 billion in only 10 months.

Wit...