‘Mixed fortunes’ for prime housing markets as pre-Budget nerves offset falling mortgage costs

'Keir Starmer’s promises to target wealth as a way of increasing funding for public services is likely a major reason for a decline in demand in London’s prime market,' suggest Benham and Reeves boss…

Property prices across Prime Central London remain -19% down on their previous peak a decade ago, says Savills, 'suggesting it is still a case of when, and not if, a stronger recovery takes hold.'

'Despite the short odds on a change in government and continued market activity, the general election has resulted in a degree of caution' in the property market, says Savills.