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Is the property market hanging by a thread as the stamp duty holiday ends?


Property sales that are worth £1.5billion are at risk of collapsing unless the Chancellor can be persuaded to extend the stamp duty holiday.
The staggering sum represents two-thirds of buyers nationwide who are in a chain where someone is dependent on completion before the March 31 deadline, according to lender Paragon.
Rightmove says about 100,000 buyers face shock tax bills because they will miss the cut off, with some estimates suggesting one in five deals will collapse as a result.
It has led to calls for a six-month extension. A petition has gathered more than 100,000 signatures and prompted a parliamentary debate.
Deal breaker: Property sales that are worth £1.5billion are at risk of collapsing unless the Chancellor can be persuaded to extend the stamp duty holiday ....

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