Karen Curtin, managing director at self and custom build development site, Graven Hill, said:

“The recent extension will see millions of people breathing a sigh of relief. Rather than destabilising the housing market and leaving some buyers with an unbudgeted housing cost, sales can continue as planned, keeping property a core part of Britain’s economic recovery.

“The stamp duty holiday has helped first-time buyers to take their initial step onto the property ladder and encouraged existing homeowners to find somewhere that better suits their evolving needs. Lockdown has put people’s priorities into perspective, and now they can pursue their perfect home without worrying about an additional moving cost to pay.

“Compromise shouldn’t have to be part of the house buying process. That’s why Graven Hill offers a range of new homes and self-build plots to ensure everyone’s needs are catered for, no matter their circumstances.”