January cheaper property sales hit by end of stamp duty holiday

12 March 2010

House purchase loans fell by more than three times the decline in remortgages in January, according to data released today by the Council of Mortgage Lenders. This emphatically demonstrates the effect on the mortgage market from the end of the temporary stamp duty holiday in December.

The full release is attached and available from the website here:

http://www.cml.org.uk/cml/media/press/2571

Full historical tables are available on request from the press office.

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