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flag UK property market sees 4% transaction rise, but future tax changes may impact affordability.

flag UK property market experts are optimistic about recent HMRC data showing a 4% rise in transactions, attributing it to stabilizing mortgage rates and less stringent affordability rules. flag However, upcoming tax changes could affect Londoners and landlords. flag The Chancellor's proposed property tax and possible national insurance on rental income could raise costs for tenants and reduce property supply. flag The Financial Conduct Authority aims to ease data reporting for firms, while Deutsche Bank warns homeowners remortgaging could see payments double due to rising rates.

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