Continued Uncertainty for London Property Market

While it looks like 2017 may deliver flat to declined property prices for London, many are optimistic that in 2018 property prices will start to increase again.  Challenges include too many high valued new builds coming to the market and relatively low housing stock, but on the other side many buyers seem to have accepted the increased stamp duty changes and now factor that into asking prices.

‘Property prices in the prime central London housing market are set to continue to soften in 2017 but 2018 will be a year of growth, according to the latest analysis report, and see a rise of 10.4% by 2021.
Overall, affordability is set to be one of the biggest issues facing buyers in the capital, according to the London residential market outlook report from real estate firm Cluttons.’

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