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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

UK house prices slide after rush to beat stamp duty changes

Halifax United Kingdom Amanda Bryden England Northern Ireland
London skyline from Muswell Hill
Two months of falling house prices followed a record high in January. Photograph: Simon Leigh/Alamy

UK house prices have suffered their steepest decline in a year as the market cools after a buyer rush to beat stamp duty changes in England and Northern Ireland.

The average price of a property fell by 0.5% last month to £296,699, the steepest decline in value since March last year, according to Halifax.

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