Buyers property market looms in UK amid record numbers of homes for sale

Decade-high level despite rush to beat stamp duty deadline will push sellers to restrict price rises, says Rightmove

Homebuyers who miss this month's stamp duty deadline in England will benefit from a decade-high choice of properties this spring, with competition forcing many sellers to restrict price increases, according to a report.

The average price of a property coming to market for sale across the UK has risen by 1.1% or 3,867 this month to 371,870, in line with the long-term average increase in March, according to the property website Rightmove.