The prolonged reduction in Stamp Duty, a new mortgage guarantee scheme, and an extension to the furlough scheme should sustain high transactions volumes and prices throughout most of this year. There will still be challenges in Q4, when we expect the end of the furlough scheme to cause unemployment and arrears to rise, but not enough to force house prices down.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.