House prices: London now ‘far ahead of the curve’


“The London market powers onwards  with double-digit growth,

“But agents suggest that sentiment is changing as buyers are taking more time to consider a purchase before taking the plunge.

“Mark Carney has made it clear that interest rates will go up sooner rather than later so buyers are rightly asking whether they can they afford the property now and also in a year’s time when rates could be higher. Even a 0.25 percentage point rise will make a difference.”

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