London House-Price Slump

[PalazioVecchio]

Talking of London House prices.

I just seen this for 300k and the views are amazing 🤩

Property Listing | haart

www.haart.co.uk

from the balcony, you cannot really make out what is happening on the pitch. But you will certainly see Yellow Willow getting carded in centre field

 

[beak]

from the balcony, you cannot really make out what is happening on the pitch. But you will certainly see Yellow Willow getting carded in centre field

looks like Herman Munsters place.

 

[eaglesdare]

from the balcony, you cannot really make out what is happening on the pitch. But you will certainly see Yellow Willow getting carded in centre field

Sounds like most seats in the main stand and Arthur wait 🤣

 

[ASCPFC]

from the balcony, you cannot really make out what is happening on the pitch. But you will certainly see Yellow Willow getting carded in centre field

That's the view Dermot Gallagher uses for refwatch.

 

[PalazioVecchio]

London. Insurmountable Affordability Challenge.

London house prices fell during 2025 due to 'insurmountable affordability challenge'

House prices in London have fallen by 1.3 per cent over the past year, with experts citing affordability pressures, market uncertainty and budget concerns, despite hopes of a modest rebound.

uk.news.yahoo.com

 

[PalazioVecchio]

We can see from the article below, the crash has already disproportionately hit Creepy Crawley. And 2 bedroom apartments have really taken a hammering everywhere.

The housing market has already crashed

But you still can’t afford to buy a home

www.newstatesman.com

Why is London’s property market slumping?

Some sellers have reported losses of hundreds of thousands of pounds

theweek.com

https://www.thisismoney.co.uk/money/mortgageshome/article-15456103/Proof-London-prices-crashing-reveal-types-homes-fallen-50.html

 

[HKOwen]

Majority of the falling prices in London are for leasehold flats, which most buyers now won't touch, and rightly so - service charge bills are exploitative to the extreme.

Most new-build developments in London don't sell out anymore, with developers hanging onto dozens of units post-completion of the building - this type of reality was completely unheard of 10 years ago, and the difficulties developers are having in finding buyers is meaning a lot of hesitancy in them launching future projects.

Major reform of the sector is needed.

Spot on

 

[PalazioVecchio]

sellers have dumped a ton of properties onto the market. It's an 8-year-high for the numbers currently for sale.

https://www.thisismoney.co.uk/money/mortgageshome/article-15466823/Homes-sale-reach-eight-year-high-start-2026-buyers-market-intensifies.html

Why are London’s house sellers losing money?

It is London’s most affluent and sought-after locations where the profitability of home-selling is taking the biggest hit.

www.cityam.com

Labour has killed off Britain's love affair with the property market

The seemingly inexorable rise in the prices of homes, whether in the grandest mansions or former council flats, has invariably led to fevered talk of hotspots and gazumping and venal estate agents.

www.dailymail.co.uk

 

[Spindle]

Yup. Changes to CGT rules brought in in 2020 and tightened last budget. Housing being treated like any other investment now, and people are getting out because unlike the stock market it's linked to wages and growth is gone.