Related topic: Stamp duty

Less than 4% feel optimistic about the next six months.

Homebuyers have paid £12.3bn in stamp duty this year.

The majority (61%) of potential movers surveyed said they were aware of rumours about changes to property taxes in the Budget.

Potential tax changes rank ahead of interest rates and the cost of living.

69% of brokers feel that the property tax reforms likely to be announced in the Budget will have a negative impact on the housing market.

The trade body says proposed Budget measures would fail to raise meaningful revenue and could instead choke off economic growth.

Stamp duty hits four in five homeowners and two in five first-time buyers across the country.

38% said they’re specifically worried about being able to afford stamp duty on a new home.

Industry experts say the ripple effects could be felt across the housing chain, making it harder for aspiring buyers to get onto the property ladder.

Prime Central London values fall -1.8% on the quarter – the biggest drop since December 2016.