Top-end suburban property values have fallen by nearly 17% in five years as the ‘fragile’ £2m+ market softens
'The traditional North-South divide has been turned on its head', says Savills
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Savills: Prime landlords reassessing rents as costs mount
Many are reviewing rental values and adjusting portfolios in response to growing regulatory, tax and borrowing pressures, says agency.
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Estate agency says 'trading has been adversely impacted by the prolonged downturn in the sales market, as well as short-term volatility in the lettings market.'
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