London real estate sector on recovery path: QIB-UK ...Qatar

Gulf Times - News

Qatar Islamic Bank-UK has said London's real estate sector is on recovery path with prime residential markets exhibiting signs of successfully being able to cope with most of the Covid-19-related disruptions, supported by the stamp duty holiday in place since summer 2020. According to data consultancy LonRes, the number of Prime Central London (PCL) transactions that took place in March 2021 is considered the highest since 2016, due to a spike in activity when the 3% stamp duty surcharge was introduced then. Knight Frank real estate agency also said the UK property market sprang into life in March 2021 as the country began to unlock and the Covid-19 vaccine reached more people. QIB-UK sa

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Last updated : 27 June 2021 clock 10:45 PM

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London real estate sector on recovery path: QIB-UK ...Qatar

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