Buyers able to move quickly to completion may avoid expected interest rate increases in quarter four

Landmark Information Group’s quarterly property trends report has reported a fifth consecutive month of low property supply levels. Figures show new residential property listings were down by an average of nine per cent between July and September 2021, compared to pre-pandemic figures in 2019.

There has been an imbalance in the market in recent months, with demand outweighing supply. In July, new listings outpaced the number of properties ‘sold subject to contract’ (SSTC) for the first time since October 2020.

Current market conditions may have been impacted by the end of the stamp duty land ...

Suzanne Townley
News Editor
Solicitors Journal

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