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Strong buyer demand seen in rush to get stamp duty savings

“The second national lockdown didn’t affect the housing market in the same way as the first,” said Alasdair Morrison, who has been an independent estate agent in the Newark and Southwell area for nearly 40 years. “This time around, we were able to continue with our socially distanced market appraisals and viewings with no drop in our customer service at all.

 

“And it’s a good job that we were able to stay open, as there was a notable surge in buyer demand for properties in the local area as they rushed to start the purchase and complete before the stamp duty holiday deadline in March next year.”

 

He continues: “The average number of days to sell has been dropping steadily, which is great news for buyers who want to take advantage of the stamp duty holiday. This is especially true for those who are purchasing in the £400,00-£500,00 price band and who stand to gain the maximum savings of up to £15,000.

 

“Serious sellers, who are keenly pricing their property to sell, are attracting qualified buyers who want to move quickly. At Alasdair Morrison & Partners we are arranging viewings for some of our clients even before we have actively started marketing the property.”

 

Alasdair finishes: “Our experienced sales teams know that the hard work doesn’t stop when the sale has been agreed. The completion also relies on the mortgage lenders and the legal profession, plus careful management of the property chain and that’s where our expertise can be invaluable in meeting the deadlines of our buyers.

 

“Although time is rapidly running out to take advantage of the 31st March stamp duty holiday deadline, there is just time if everyone is in a position to act quickly. Why not call us on 01636 813971 or 01636 700888 and let’s get you moving in 2020.”

 

Alasdair Morrison

01.12.20

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