Fierce competition in some areas of London means landlord purchasers are making successful lowball offers The average price of a home coming up for sale in Britain’s richest borough has dropped by almost £100,000 in a month as fierce competition among sellers in many areas prompts some to slash their price expectations, data shows. The property website Rightmove said that for Britain as a whole, average newly listed asking prices for homes had fallen by 2% over the past month, the largest August

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• The Guardian left

  Fierce competition in some areas of London means landlord purchasers are making successful lowball offers The average price of a home coming up for sale in Britain’s richest borough has dropped by almost £100,000 in a month as fierce competition among sellers in many areas prompts some to slash their price expectations, data shows. The property website Rightmove said that for Britain as a whole, average newly listed asking prices for homes had fallen by 2% over the past month, the largest August
• The Guardian left

  Asking prices for newly listed homes in UK’s richest borough fall by £100k in one month
• Guardian Business left

  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 Rightmove has also spotted a pick-up in the housing market since the change of prime minister. Buyer demand is up 5% since Andy Burnham came to power on the 20th July, they report, explaining: “The new Prime Minster has brought a general boost to optimism and has ruled out property tax changes in October’s Budget, mea