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The UK housing market could become more stable in 2022 after frenzied house buying pushed prices to record highs in 2021. The stamp duty holiday ended in 2021 and helped fuel 1.5 million house purchases across the UK.
The government’s tax changes are making it difficult for landlords to own properties and rent them out. Many landlords are experiencing steep increases in taxes and stamp duties and are exiting the market completely.
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