House prices fall in London amid a general slowdown across the UK – Telegraph.co.uk

London house prices were worst hit between September and October, falling by 1.2%. The country as a whole was at a standstill, rising by just 0.1%. The national annual rate of growth was brought down as a result to 6.9%. Savills said this slowdown could be attributable to post-Brexit sentiment. The buy-to-let market has also been adversely affected by the 3% hike in stamp duty introduced in April.

House prices fall in London amid a general slowdown across the UK – Telegraph.co.uk