Online mortgage broker Habito’s finance chief Martijn van der Heijden, said the moves “could super-charge the demand for property across the UK”.
He added: “We could see April-June breaking records. We also expect April to be strong due to the material easing of social restrictions leading to more confidence and activity.”
Robert McLaughlin, sales director at KFH, said the estate agency chain had its busiest day of website traffic this year yesterday. He said: “We are also seeing an increase in vendor confidence, with a 35% rise in valuation requests this week.”
Aidan Sutton, a tax partner at PwC, said the combination of the Chancellor’s new measures shoul help “supercharge the London property market as we exit lockdown - particularly the hop onto the bottom rungs of the ladder".
Rightmove has compiled a list of areas where the average 5% deposit in London will be under £20,000:
