Property News · April 9, 2020

UK's surveyors make plea for stamp duty holiday after lockdown


Royal Institution of Chartered Surveyors warned that house sales, prices and rents could slide Coronavirus – latest updatesSee all our coronavirus coverageBritain’s surveyors have made a plea to the government to introduce a stamp duty holiday once the lockdown ends, as they warned that house sales and prices could slide for the next 12 months.In a reversal to the first two months of the year, when the Royal Institution of Chartered Surveyors (Rics) was reporting a buoyant market, it found that a large net balance of members believe house prices will now fall over the next 12 months. They also predict a small fall in rents in the near term, although they will then flatten out over the next year. Continue reading…

Source : theguardian.com
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