UK house prices expected to rise as buyer demand slows ahead of stamp duty increases

Buyer demand in the UK housing market slipped in February, touching its weakest levels since late 2023, with expectations that this trend will continue as higher stamp duty costs come into effect next month. A net balance of 14% of property professionals reported a fall in demand rather than a rise, according to the Royal Institution of Chartered Surveyors (RICS). The RICS survey said that the upcoming rise in stamp duty, which will apply to some homebuyers starting 1 April, is likely to..