The @Telegraph is today launching #StampOutTheDuty – a campaign calling on the Government to extend the stamp duty holiday to prevent chaos from engulfing the property market and derailing Britain's post-Covid recovery telegraph.co.uk/property/uk/pr…
325,000 buyers mired in Covid-related delays will miss out on savings of up to £15,000 if the tax break is scrapped, according to @TwentyCi.
It's feared 100,000+ of them could then pull out of deals, potentially hammering sales volumes, harming the economy and hitting prices…
"If the Chancellor does stop the holiday, I just think chaos will ensue," said @PhilSpencerTV.
"It only takes one person in the chain for four or five sales to fall through. The whole thing will come to a crashing halt and deals will fall off the shelf left, right and centre"…