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flag UK home buyers now offer 3.6% below asking price, yet sales surge 30% as buyers rush to beat upcoming tax hikes.

flag Home buyers in the UK are now offering 3.6% less than the asking price, up from 3.2% earlier this year, as they become more sensitive to prices due to rising mortgage rates. flag Despite this, the number of agreed sales has risen by 30% compared to last year, with a large pipeline of sales expected in early 2025. flag This surge is partly driven by buyers aiming to avoid higher stamp duty costs set to take effect in April.

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