{"id":88956,"date":"2018-05-21T19:03:16","date_gmt":"2018-05-21T12:03:16","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/brexit-uncertainty-hits-london-property-market-the-hardest-in-the-uk-reports-show\/"},"modified":"2018-05-21T20:03:15","modified_gmt":"2018-05-21T13:03:15","slug":"brexit-uncertainty-hits-london-property-market-the-hardest-in-the-uk-reports-show","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brexit-uncertainty-hits-london-property-market-the-hardest-in-the-uk-reports-show\/","title":{"rendered":"Brexit uncertainty hits London property market the hardest in the UK, reports show"},"content":{"rendered":"


\nLondon remains a weak spot in the slowing UK housing market as Brexit clouds the outlook, reports on Monday showed.
\nThe capital had an annual price decline of 0.2 per cent in May, property website Rightmove said on Monday. Separately, Acadata reported that in April London was the only region showing an annual fall, clocking in a 2.5 per cent drop.
\nOverall, national price growth stood at 1 per cent compared with a 9 per cent high reached in 2016, Acadata said.
\nUncertainty surrounding Britain…
\n
\nSource : South China Morning Post
\nRead more…Brexit uncertainty hits London property market the hardest in the UK, reports show<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

London remains a weak spot in the slowing UK housing market as Brexit clouds the...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-88956","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-n8M","jetpack-related-posts":[{"id":105375,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/northern-uk-property-prices-humming-along-as-they-barely-feel-impact-of-brexit-fuelled-decline-in-london\/","url_meta":{"origin":88956,"position":0},"title":"Northern UK property prices humming along as they barely feel impact of Brexit-fuelled decline in London","date":"March 25, 2019","format":false,"excerpt":"\r The Brexit-inspired decline in London\u2019s property values has yet to cause any serious ripples in other areas of the UK.While price-growth and activity may be slowing amid the uncertainty, almost every other major urban area in the country is still experiencing a rising market, according to Acadata. It\u2019s a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52389,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-london-home-prices-stagnate-as-top-end-areas-decline\/","url_meta":{"origin":88956,"position":1},"title":"Luxury London home prices stagnate as top-end areas decline","date":"April 20, 2017","format":false,"excerpt":"\r London home values grew at their slowest annual rate in almost five years in February as values in the capital's most expensive boroughs including Camden, Kensington and Chelsea fell, according to Acadata and LSL Property Services.Prices across the city rose just 0.1 per cent on the month to an\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40814,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-homeowners-shy-away-from-selling-amid-challenging-conditions\/","url_meta":{"origin":88956,"position":2},"title":"London homeowners shy away from selling amid challenging conditions","date":"January 16, 2017","format":false,"excerpt":"\r London home owners are showing a \"marked reluctance\" to put their property up for sale, deterred by uncertainty caused by the looming Brexit process and an increase in tax, according to Rightmove.While the average asking price of a property in the capital rose 1.4 percent in January to 624,953\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95947,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-are-on-the-longest-losing-streak-since-the-financial-crisis\/","url_meta":{"origin":88956,"position":3},"title":"UK house prices are on the longest losing streak since the financial crisis","date":"August 13, 2018","format":false,"excerpt":"\r UK house prices fell for a fifth month in a row in July, the longest stretch of declines since the financial crisis. Values fell 0.2 per cent from June, bringing the average price for a home down to 302,251 pounds ($386,000), Acadata said in a report Monday. London remains\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1494,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/berlin-emerges-as-leading-property-investment-hot-spot-for-2016\/","url_meta":{"origin":88956,"position":4},"title":"Berlin emerges as leading property investment hot spot for 2016","date":"January 14, 2016","format":false,"excerpt":"\r \r Despite its status as the biggest real estate market, London is not in the running as one of the top 10 investment hot spots for property this year. According to PwC\u2019s Emerging Trends in Real Estate report for Europe in 2016, the five leading cities for investment prospects\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/here-be-dragons-as-uk-property-sector-enters-uncharted-territory-after-brexit-vote\/","url_meta":{"origin":88956,"position":5},"title":"Here Be Dragons as UK property sector enters uncharted territory after Brexit vote","date":"November 20, 2016","format":false,"excerpt":"\r Confidence in the UK housing market is now at a three-year low, according to the Halifax building society's monthly survey. This is the time of year when property experts scratch their heads and try very hard to forecast what will happen in the next 12 months.But JLL and Savills,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/88956"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=88956"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/88956\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=88956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=88956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=88956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}