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Stamp Duty Fiasco - Sellers Pulling Out

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Estate Agents report Govt uncertainty/indecision is already causing the few buyers out there to pull out. Robert Peston had an interview scheduled today with AD, but a Treasury official cancelled it when Peston said he would be raising the Stamp Duty question.

Callers to R4 confirmed they are pulling out of house purchases.

Another striking own goal.

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This is all so hysterically funny.


a) there'll be a stamp duty holiday, which, if it leads to any 'recovery' in the market at all will be stamped out with knobs on when the holiday ends (see Lawson's double-MIRAS market booster, at precisely the end of which we had GC1).

b ) there'll be no stamp duty holiday in which case GC2 continues unabated.

Meanwhile, while we're in the hinterland between possibilities a) and b ), the net effect is......

....GC2 continues unabated.....


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  • 395 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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