Lender feels mini boom after Covid lockdown will stop when stamp duty holiday ends
House prices rose in October at the fastest annual rate in almost six years but the UK market is likely to face a “sharp” slowdown when the government’s stamp duty holiday ends, the mortgage lender Nationwide has warned.
The average UK house price jumped by 5.8% in October compared with the same month last year, to £227,826, according to the UK’s biggest building society.
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