Home loans totalling £6.2billion were handed out in February.
That was the highest figure since March 2016 – and experts reckon it was fuelled by the stamp duty holiday extension and the success of the vaccine.
Jeremy Leaf, north London estate agent and former residential chairman of the Royal Institution of Chartered Surveyors, said: “Since the stamp duty deadline was extended and vaccination rollout has taken off, the market has gained new impetus.”
Approvals for house purchases were 87,700, higher than at the start of the pandemic in February 2020. The figure edged down from 97,350 in January.
Chancellor Rishi Sunak has said the stamp duty tax relief will finish at the end of June.
This story is from the March 30, 2021 edition of Daily Express.
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This story is from the March 30, 2021 edition of Daily Express.
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