UK house prices fall as sellers race to beat stamp duty deadline

Dip comes amid surge in properties being sold at Homes Under the Hammer-style auctions

Property for sale signs in London, England
(Image credit: Daniel Berehulak/Getty Images)

The recent record hikes in UK property prices have been reversed by a rush of sellers seeking to complete deals ahead of the end of Rishi Sunak’s stamp duty holiday.

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Mike Starling is the digital features editor at The Week, where he writes content and edits the Arts & Life and Sport website sections and the Food & Drink and Travel newsletters. He started his career in 2001 in Gloucestershire as a sports reporter and sub-editor and has held various roles as a writer and editor at news, travel and B2B publications. He has spoken at a number of sports business conferences and also worked as a consultant creating sports travel content for tourism boards. International experience includes spells living and working in Dubai, UAE; Brisbane, Australia; and Beirut, Lebanon.