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UK property could cool sharply from six-year high, say lenders Patrick Collinson and Julia Kollewe © Provided by The Guardian Photograph: Daniel Leal-Olivas/AFP/Getty Images The UK property market could cool rapidly in 2021, according to forecasters, as the stamp duty holiday ends and unemployment rises. House prices rose to a six-year high at the end of 2020, according to Nationwide building society, rising 7.3% on the year, but the mortgage lender expected the market to slow “sharply” over the next few months. The most bullish forecast is from the property listings website Rightmove, which expects prices to rise by 4% in 2021. But researchers at Savills are expecting the market will be flat across all parts of the UK next year before accelerating again in 2022.

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