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Foxtons laments ‘toughest’ market ever in the capital

Foxtons laments ‘toughest’ market ever in the capital

London-based estate agency Foxtons is expecting its annual earnings to come in 80 per cent lower than a year ago. Stamp duty hikes, jittery market conditions and off-putting sky-high prices in the capital continue to take their toll on London’s property market. In a trading update today, Foxtons admitted this year will be a ‘challenging’ […]

House prices fall £5,000 since July as Brexit uncertainty takes its toll

House prices fall £5,000 since July as Brexit uncertainty takes its toll

House prices have fallen £5,000 since July as buyers are stalled by Brexit fears, new data from Nationwide has revealed. An ‘uncertain economic outlook’ weighed down by political wranglings over Brexit is taking its toll on buyer sentiment, the findings suggest. In the year to January, the average cost of a home increased by just […]