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The UK housing market should enjoy a smoother ride in the second half of the year compared to the first – on paper, at least, Knight Frank’s latest analysis of the UK residential housing market has found.

Inheritance tax receipts hit £1.5bn in the first two months of the current tax year, according to the latest data released by HM Revenue and Customs (HMRC).

Average house price has risen nearly £50,000 since start of 2020, says Halifax.

Despite the recent dip in UK house prices, the average price of a home in this country is up almost £50,000 on average since the beginning of the pandemic.

According to Halifax, which carried out the research, it is the equivalent of a 20.4% rise on average, as the country approaches.....

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