“April’s increase in the stamp duty on second homes fired demand substantially in March. With the deadline past, price rises in April are returning to more normal levels. And as uncertainty over the EU referendum continues, we may see this lull in the market continue.
“It’s an interesting time for the property market as we don’t really know where it’s going to go. What we do know is supply levels are stagnant. While this goes in the favour of sellers, if we’re to see more first time buyers come into the market, more homes need to be built.”
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