Data released by the Office for National Statistics is said to show that the inflation of residential property prices is slowing down. The City of London, Kensington and Chelsea, and Aberdeen have seen property prices fall – explained by stamp duty and the UK’s relationship with Europe. There remain growth-areas in the East and South-East. It is suggested that limited investor-competition and low interest rates mean that this is a good time to buy a new property.
UK house price inflation continues to slow – Property Investor Today