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UK Residential Market Survey

Buyer demand contracts as April Stamp Duty deadline passes

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The April RICS Residential Market Survey shows demand cooling off following a period of increased activity in some segments of the market, as buyers brought forward transactions to beat the introduction of an impending change to Stamp Duty. An additional layer of stamp duty on second and buy-to-let homes became effective at the beginning of April and surveyors reported an easing in demand from these tranches of buyers relative to the previous month. 

Source : RICS

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Keywords : RICS