The number of people interested in buying a house in April fell to its lowest level for nearly eight years, according to surveyors across the UK.Those who saw a drop in enquiries last month outnumbered those who saw a rise by 22%.
That is the highest figure reported by the Royal Institution of Chartered Surveyors (Rics) since August 2008.
Rics said the main reason was the stamp duty rise on 1 April, and the uncertainty around the EU referendum.
The number of new enquiries fell most dramatically in London, but also fell in nine other regions of the UK.
Trending
- TRUMP WARNS HAMAS TO HONOUR CEASEFIRE
- ORBAN TO HOST U.S.-RUSSIA PEACE TALKS
- JOHNSON URGES STUDENTS TO DEFEND FAITH
- STARMER TO PUBLISH SPY CASE STATEMENT
- REEVES ANNOUNCES NEW RUSSIA SANCTIONS
- MAHMOOD SAYS EUROPE BORDER FAILINGS ERODES TRUST
- TRUMP HONOURS SLAIN ACTIVIST KIRK
- ISRAEL IDENTIFIES THREE MORE HOSTAGE BODIES