Remarkably, just 11 per cent of property sales fell through in the third quarter of this year as buyers raced to beat the stamp duty holiday deadline.
More landlords are quitting the sector and bringing properties to the sales market, according to research from Zoopla.
Annual house price growth remained in double digits for the fifth month in a row in September, though there was a modest slowdown to 10.0%, from 11.0% in August.
The government has been warned that its much-talked about levelling up agenda is ‘doomed to fail’ without major reform of the property tax system.
The national average price of property coming to market has hit an all-time high, rising by 0.3% (£1,091) last month, to £338,462, according to data collected by Rightmove.
The government has set in motion a Parliamentary procedure meaning the notice periods for evictions in England return to normal from October 1.
The very strong housing market seen throughout this year is set to extend into 2022 as a stock shortage is forecast to continue.
Annual house price growth in August rose to 11.0% from 10.5% in July with the average property now costing £248,857, according to Nationwide’s latest house price index.
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