‘We are calling the bottom of the PCL market in April 2017’ – Humberts

Demand for property in prime central London has fallen by 3% since May, claims online estate agency eMoov, with over 60% of boroughs seeing drops of up to 37%.

The Office of Budget Responsibility has revised its medium-term forecasts for the property market down by 5% to +34.1% by Q1 2020, but not as a result of yesterday's Budget. In real terms, that's a +13.

Six weeks on from the election and the capital's supply and demand levels remain way off-kilter, according to these reports from buying agents on the prime front line...