I think it'll just increase competition for property in the short term as those who were just short of a deposit find they now have enough and all pile in to buy, pushing prices up a bit.
Then things'll settle.
I wonder if there was a massive rush to exchange contracts between the statement and midnight? If you were about to exchange on a £2m property then there would be quite a saving.
I think it'll just increase competition for property in the short term as those who were just short of a deposit find they now have enough and all pile in to buy, pushing prices up a bit.
Then things'll settle.
I wonder if there was a massive rush to exchange contracts between the statement and midnight? If you were about to exchange on a £2m property then there would be quite a saving.