People are outraged by the government’s plans to increase stamp duty rate. This will affect people who want to buy their first or second home in 2016.

Buyers in the UK have collectively saved £1.9 billion since stamp duty was reformed in December last year.

According to a new report, the growth in house prices in the UK is set to slow to 4% to 6%. House prices in the UK are expected to rise in 2016, making it increasingly difficult to get on the housing ladder. The price growth is expected to slow more sharply in London.