The Chancellor extended the stamp duty holiday by three months. In fact, the stamp duty holiday was extended to the end of June, with further reduced discounts available to the end of September for people living in England and Northern Ireland. What is stamp duty? The stamp duty holiday extension seemed to have been one of the things that pushed up house prices – along with stalled sales due to lockdown. But it's worth noting that some of the more pessimistic assessments of house prices said prices could drop 4-5%.

Source: Daily Mirror March 07, 2021 07:00 UTC