London house prices fall – but it won’t last long

Sorry, no compatible source and playback technology were found for this video. Try using another browser like Chrome or download the latest Adobe Flash Player.

Sorry, video is not available for your device…

London house prices fall – but it won’t last long

New research for carried out by the Royal Institute of Chartered Surveyors suggests that the impact of a rise in stamp duty could cool the recent surge in sales of prime properties in London.

London Live’s Luke Blackall was live in Putney explaining the projections for the housing market over the coming year. While the market may experience a dip over the coming three months, it’s thought that by the end of the year prices will once again have risen – and owners of one-room flats can expect to see the biggest profits.
In short, while the market may now favour the buyer, it sadly won’t last for long.

Related articles

More in Talking points

Nigel Farage urges Ukip unity as he declares: 'We want our...

Farage tells fellow Ukip members to put 'country before party' during the EU referendum campaign

Nigel Farage mocks David Cameron with 'piggy in the middle' jibe

Ukip leader jokes about claims that the PM put his genitals in a dead pig's mouth during an initiation ceremony at Oxford University

Where Scotland is headed as the dust settles from the referendum

The national psyche of Scotland has shifted - but what does this say about the future?