Buyers advised not to rely on portals as vendors go off-market

New stats have revealed the true extent to which prices are being slashed by vendors right across prime central London.

Grosvenor has reported a 22% fall in pre-tax profits in its latest set of results. Profit before tax of £527m was recorded by the Duke of Westminster's property group, down from 2014's £681.

Turns out it's not all about tube stops, schools and Waitroses any more; potential buyers are increasingly keen to find out about proximity to a Boris Bike docking station, according to one London agent.