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Posted: 07.04.21

Buyer demand high for housing

Buyer demand high for housing

Figures released by reallymoving show that homebuyer demand for conveyancing quotes was 101% higher at the end of March than the average for the same period during the last four years.

These numbers highlight the acceleration of conveyancing quote volumes around March 3rd (Budget Day) with the announcement of an extension to the existing stamp duty holidays and a tapering of the tax-saving to autumn, as well as news of a mortgage guarantee scheme for 95% loans.

The volume of first-time buyers has also increased, despite the fact they benefit the least from the stamp duty extensions.

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