House price growth set for slowdown, say surveyors


UK house price inflation is set for a slowdown over the coming months, a survey by the Royal Institution of Chartered Surveyors (Rics) suggests.
It said the forthcoming referendum on European Union membership and elections in Scotland, Wales and Northern Ireland would cool the housing market.
Rics said the Stamp Duty increases for landlords that came in on 1 April were another factor.
The Halifax has also said that the EU vote is likely to slow the market.
The survey showed that most surveyors in London expect prices to fall over the next three months.
The number of surveyors expecting a price fall outweighed those expecting a rise by 38%.