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Shock tumble in house prices

Daily Record

|

July 02, 2025

END OF STAMP DUTY BREAK BLAMED

HOUSE prices have fallen at the fastest rate for more than two years - blamed on the end of a tax break for buyers.

Mortgage lender Nationwide said average prices unexpectedly dropped between May and June, by 0.8 per cent to £217,619.

The fall was put down to the ending of a stamp duty holiday in England and Wales.

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