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One in five home buyers agreeing purchases last July ‘still waiting to complete’ February 15, 2021, 12:03 am Around one in five home buyers who agreed a deal last July have still not completed their purchase, analysis from Rightmove suggests (Steve Parsons/PA) Around one in five home buyers who agreed a deal last July when a stamp duty holiday was announced have still not completed their purchase, analysis suggests. The stamp duty holiday is due to end on March 31 2021. Rightmove has estimated that around 100,000 buyers who agreed a purchase before Christmas will fail to complete by the ...

Property sales agreed in July will miss stamp duty deadline after logjams Supply of homes for sale falls by a fifth and pushes up asking prices The property market logjam means one in five buyers who agreed sales in July last year are still at risk of missing out on stamp duty savings of up to £15,000. Extreme processing delays mean the share of sales agreed in July that are still yet to complete is double the level of last year, according to property website Rightmove. This means that even buyers who agreed to purchase a home the day after the stamp duty holiday was announced may now – wi...

According to Rightmove's latest figures, average asking prices swelled by £1,522, or 0.5 per cent, to £318,580 in the past month.