Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

Buyers’ property market looms in UK amid record numbers of homes for sale

for sale signs
Many new sellers are pricing realistically, rather than getting carried away with over-optimistic pricing that is typical during the spring, Rightmove said. Photograph: Andrew Matthews/PA

Homebuyers who miss this month’s stamp duty deadline in England will benefit from a decade-high choice of properties this spring, with competition forcing many sellers to restrict price increases, according to a report.

The average price of a property coming to market for sale across the UK has risen by 1.1% or £3,867 this month to £371,870, in line with the long-term average increase in March, according to the property website Rightmove.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.