As the UK’s planned exit from the EU looms, London’s housing market has largely frozen up and other parts of the UK have begun to feel the chill.
Transactions of high-end homes in central London last year reached a decade low, in a market already damped by stamp duty changes, according to LonRes, the data group.
Overall, year-on-year house price growth across the UK in January was at its slowest in almost six years, with a rise of just 0.1 per cent, according to the Nationwide index; it remained sluggish in February, with a 0.4 per cent rise.
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