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
- IRISH DATA REGULATOR OPENS INQUIRY INTO TIKTOK OVER DATA
- UK POLICE ARREST FOUR IN CONNECTION WITH RETAIL CYBERATTACKS
- UK ROYAL MAIL MAKES CHANGES TO SECOND-CLASS POST SERVICES
- IRAN TRIED TO KILL OR KIDNAP JEWS IN BRITAIN
- RAYNER BACKS DOWN ON SECRETIVE DEFINITION OF ISLAMOPHOBIA
- UK AND FRANCE AGREE ON MIGRANT DEAL
- SABALENKA THROUGH TO THE SEMIS OF WIMBLEDON
- ALCARAZ BLAZES PAST NORRIE INTO WIMBLEDON SEMI-FINALS