The Latest Breaking News from Robert Gardner

Underlying conditions for potential home buyers in the UK ‘remain supportive,’ the building society said.

Underlying conditions for potential home buyers in the UK ‘remain supportive’

Weak market conditions, US tariffs and downbeat client confidence blamed for drop in factory orders

The softening in price growth may reflect weaker demand following stamp duty rises at the start of April, Nationwide Building Society said.

The softening in price growth may reflect weaker demand following stamp duty rises at the start of April

Although broader economic challenges—such as uncertainties around US tariffs and businesses passing higher employment costs on to consumers—persist, the UK housing market experienced a slight boost in May.

A stamp duty holiday ended in March

Conditions for potential home buyers in the UK remain ‘supportive,’ Nationwide Building Society said

Average property value drops to £270,752 in April because of stamp duty changes, Nationwide says

The market is likely to remain a ‘little soft’ in the coming months, as is expected after the end of a tax holiday

The market is likely to remain a ‘little soft’ in the coming months, Nationwide Building Society said.