
The housing market could be set for a fresh burst of activity after the nil rate stamp duty band was doubled from £125,000 to £250,000 (Andrew Matthews/PA)
(Picture: PA Wire)Property portal OnTheMarket said demand for homes remained strong but warned prices could fall as cost of living pressures and mortgage rate rises stifled buying power.
OnTheMarket boss Jason Tebb told the Standard: “Six months ago there was a clear supply and demand market at play with hundreds of people looking at one property, but now there’s a surge of properties coming into the market.