Person: Faisal Durrani

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Person: Faisal Durrani

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Big jump in unsold London top end homes

Big jump in unsold London top end homes

The number of unsold central London homes under construction will reach a record high this year, increasing the risk that developers’ bets on rising demand for luxury properties will go sour.

Wed, 09 Nov, 2016

London house market ‘grinding to a halt’ on Brexit

London house market ‘grinding to a halt’ on Brexit

Sales of London homes under construction dropped 14% in the third quarter as uncertainty surrounding the terms of Britain’s exit from the EU hurt demand already dented by higher taxes.

Fri, 14 Oct, 2016

Tax on overseas buyers sees pre-sales of London homes drop 33%

Tax on overseas buyers sees pre-sales of London homes drop 33%

Demand for London homes under construction has slumped by 33% in the first quarter as a new tax on overseas buyers and high values damped demand.

Tue, 19 Apr, 2016