One Property Podcast listener, Eleanor, wanted to know whether she should save her money by holding out for a dip in property prices.
She doesn’t want to make a rushed investment and doesn’t want to consider the stamp duty holiday.
She asked: “How do you think the stamp duty holiday will impact the market after the extension ends?
“As a first-time buyer, and with a budget of between £350,000 and £400,000, I know that the impact of the [stamp duty] holiday may not be as great for me as for other buyers but I’m still very interested to hear your take on whether I’m best to take advantage of the stamp duty holiday if I can, or whether I could save more money in the long term by sitting tight and waiting for prices to settle.”
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