Stamp duty deadline and economic gloom dampen UK housing market

Stamp duty deadline and economic gloom dampen UK housing market

Housing market, House prices, Housing, Business, Property, Society, Real estate, Renting property, Stamp duty Business | The Guardian

​Buyer demand fell to lowest level since November 2023 in February, Royal Institution of Chartered Surveyors saysMomentum in the UK housing market slowed in February as confidence was dampened by a looming stamp duty deadline and concerns over stubbornly high interest rates and the world economic picture.Buyer demand fell to its weakest level since November 2023, with approximately 14% of property professionals reporting a fall in demand, according to the Royal Institution of Chartered Surveyors (Rics). Continue reading… 

Buyer demand fell to lowest level since November 2023 in February, Royal Institution of Chartered Surveyors says

Momentum in the UK housing market slowed in February as confidence was dampened by a looming stamp duty deadline and concerns over stubbornly high interest rates and the world economic picture.

Buyer demand fell to its weakest level since November 2023, with approximately 14% of property professionals reporting a fall in demand, according to the Royal Institution of Chartered Surveyors (Rics).

Continue reading… 

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