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UK home sales expected to rise in Q1

Estate agents expect property purchases to rise before stamp duty subsidies end on March 31

Published Thu, Jan 7, 2021 · 09:50 PM

    London

    ESTATE agents in the UK expect a flurry of residential property purchases in the first quarter of this year despite the nation's severe lockdown restrictions due to the ongoing coronavirus pandemic.

    They are optimistic because of the expectation that millions of vaccinations will begin to re-ignite the distressed economy, and the fact that stamp duty subsidies will end on March 31.