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UK home prices rise 0.5%, but expected stamp duty changes may cause a pre-April buying rush.
UK home prices increased by 0.5% in February, but the growth has slowed due to upcoming changes in stamp duty, which may increase costs for some buyers.
The average asking price is now £367,994.
Property site Rightmove predicts a rush of transactions before April when stamp duty discounts for some buyers, including first-time buyers, will reduce, potentially leading to a "conveyancing log-jam."
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Los precios de las viviendas en el Reino Unido aumentan un 0,5%, pero los cambios esperados en los derechos de timbre pueden causar una prisa de compra antes de abril.