Rightmove: UK asking price growth slows ahead of stamp duty changes

Sellers are adjusting asking prices as it is now too late for buyers to beat the stamp duty deadline

Two people look inside estate agent window
UK asking prices growth has slowed ahead of the changes to stamp duty in April
(Image credit: Getty Images/Andy Andrews)

The average price of property coming to market was more muted in February as home sellers appear to be adjusting their expectations due to looming stamp duty changes.

The latest Rightmove House Price Index shows asking prices rose by just 0.5% on a monthly basis in the first weeks of February, below the typical 0.8% for this time of year.

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Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.