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This is Money Podcast

What happens next to the property market and house prices?

19 Feb 2021

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Since the stamp duty holiday came in last summer, there has been a property market mini-boom despite the ongoing coronavirus pandemic. Is it losing puff yet and if not, when is it going to run out of steam and will we see the tax holiday extended? The typical home added £20,000 of value in 2020 according to the Office for National Statistics, while prices of detached homes are growing far quicker than other housing stock. On this week’s podcast, Simon Lambert, Lee Boyce and Georgie Frost take a look at the latest property market data to dissect what it means. On 3 March, we will have a Budget. Will it give an indication as to how we could foot the huge bill linked to the pandemic? Will there be tax rises? And are there simple ways to protect your wealth? How many shares should you hold to diversify and is fund manager Neil Woodford really about to stage a comeback. Meanwhile, Lee gives a free wine course from Aldi a go as part of his consumer trends column – does he have what it takes to become a Master of Wine?

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