Can the UK housing market resist the post-stamp duty holiday blues?

The UK housing market has moved on quickly from a seven-week freeze last year to a lengthy stamp duty holiday. But what happens now that the holiday on the first half a million pounds of a property price has ended? Will prices cool and is tax reform on the cards? As of Thursday this week, the threshold has fallen back to £250,000 where it will remain until 1 October when it reverts back to £125,000.  This week, Anna is joined by stamp duty guru and tax partner at Blick Rothenburg, Sean Randall, and Knight Frank’s UK head of residential research, Tom Bill, to delve into the impact of the holiday ending. They cover off whether indeed this will trigger a price correction following record UK house price growth and Sean sets out some options the government might look at when it comes to tax reform to recoup lost revenue and make good the deficit. They also look at the psychological impact and uniquely British nature of the holiday, as well as how further stamp duty cuts might be used to encourage the nation to buy net zero homes.Intelligence Talks is a podcast from the Research Team at Knight Frank. Every other Friday we bring you insight and analysis on property market trends and forecasts.Instagram - @knightfrankTwitter - @knightfrankLinkedin - @Knight FrankHost: Anna WardProducer: Lauren Armstrong-CarterAny questions? Get in touch: [email protected] Hosted on Acast. See acast.com/privacy for more information.