Biggest August fall in British house prices since 2018; Dimon warns UK against higher bank taxes – business live
British house prices expected to fall this year, despite ‘Burnham bounce’, Rightmove reports Asking prices for newly listed homes in UK’s richest borough fall by £100k in one month Back in the housing market, there are signs that investors are driving a harder bargain when buying homes. Hamptons reports that 56% of house offers from investors were at least 10% below the initial asking price in July – rising to 63% among landlords paying in cash. “When the market slows, seasoned investors rarely stand on the sidelines for long. With homes taking longer to sell and chains proving fragile, landlo
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