We've experienced a booming market in the last year thanks to government assistance. However, there was stark uncertainty in the London market when the stamp duty deadline was lowered to £250,000 on June 30th. So, now that this is over, here are our thoughts on where the market will head. We're especially concerned about first-time purchasers with minimal down payments and shared ownership buyers, as we believe they're the most vulnerable.
Listen to our Director Armond Ghahramani speak about ways to avoid getting into negative equity in the coming year and if we would likely see a rise in prices this year.
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