London home sellers offer ever-growing discounts

London home sellers offer ever-growing discounts
29/05/2019 , by , in INTERNATIONAL

London homebuyers are getting the biggest discounts in at least six years, according to data from Zoopla.

The average reduction on a home in 13 inner London boroughs jumped to 7.6 per cent in the first quarter, up from 7 per cent a year earlier, the property-search website said in a report on Wednesday. The residential real estate market in the UK capital has been stung in recent years by the introduction of new taxes and the uncertainty surrounding Brexit.

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