Lender feels mini boom after Covid lockdown will stop when stamp duty holiday ends
- Coronavirus – latest updates
- See all our coronavirus coverage
House prices rose in October at the fastest annual rate in almost six years but the UK market is likely to face a “sharp” slowdown when the government’s stamp duty holiday ends, the mortgage lender Nationwide has warned.
The average UK house price jumped by 5.8% in October compared with the same month last year, to £227,826, according to the UK’s biggest building society.
