UK property market ‘remains challenging as previous recovery signs falter’

'It’s likely that we will now see a return to a normal pace in the sales market now that the Stamp Duty threshold changes have taken effect,' says estate agency trade body.

Surveyors noted 'a steady improvement in buyer demand across the residential market' in November - but warn 'the broader macro environment is likely to pose additional headwinds moving forward.'

26% fewer sales were agreed in the first week of August compared to the last week of July.