UK house prices fell by 1pc in March


Nicholas Ayre, director of UK buying agents, Home Fusion, agreed that stamp duty did play a part in the slowdown: “The stamp duty hangover kicked in before the holiday had even ended. Prices rose by 0.6% in February to fall by 1% in March. That’s a thumping headache. Will NewBuy will be the paracetamol the property market needs?”

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