All the signs point to a slow-down in the London property market. Central London house prices dropped by 6.8% between 2015 and 2016, while the numbers of new homes under construction plummeted by 75%. The problem is located almost entirely at the top of the market, with sales transactions collapsing by 86% for properties worth more than £10 million.
Central London property values are eye-watering, far beyond the reach of most working London households. A fall in house … Read more