Property News · September 21, 2016

Prime London property prices to fall 9% this year, says Savills


Uncertainty over Brexit plans and stamp duty on second homes have driven down central London prices, says estate agentProperty prices in prime central London are expected to end the year 9% lower than when 2016 started, as buyers wait to see how Brexit negotiations proceed. Uncertainty following the EU referendum, combined with a recent stamp duty overhaul that pushed up the costs for people buying top-end properties, suggested that further price adjustments were needed to make the market more “fluid” in London, said Savills estate agent. Continue reading…

Source : theguardian.com
Read more…Prime London property prices to fall 9% this year, says Savills

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