The pace of house price rises will slow when tax changes
"take the heat out" of interest from investors, surveyors suggest.
The Royal Institution of Chartered Surveyors (Rics) predicted that the UK
housing market will slow down over the next three months. In April, landlords
and second home owners face a 3% stamp duty surcharge on new purchases. This
would slow price rises, Rics said, but only in the short-term. Surveyors still
expect house prices to rise by 25% over the next five years. Read more on the
RICS website.
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