Buyers bag price discounts as Stamp Duty hike looms

Knight Frank believes speculation over tax changes caused a 'shortfall' of 142 high-value property sales since March, resulting in a 'theoretical loss' in revenue for HMRC.

But first-time buyers are more motivated to move following the Autumn Budget, according to a survey by Savills.

But Tom Bill's team has upgraded its outlook for prime London property price growth over the next five years.