London house prices fall at fastest rate since 2009 crisis
House prices in London are falling at their fastest pace in nearly a decade, according to Britain’s biggest mortgage provider.
Hit by a wave of changes to the property market, prices in the capital fell by 3.2% between January and March compared with the previous three months.
House prices in London are falling at their fastest pace in nearly a decade, according to Britain’s biggest mortgage provider.
Hit by a wave of changes to the property market, prices in the capital fell by 3.2% between January and March compared with the previous three months.
This was the sharpest decline recorded since 2009, at the height of the financial crisis, a report by Halifax and IHS Markit, the economic consultancy, stated.
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