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Property market to remain dogged by Brexit: Bank of England warns house prices will now fall by 1.25% this year

The Bank of England now expects property prices to fall by 1.25 per cent this year, after predicting a 0.25 per cent annual increase in February. In its latest inflation report, the Bank said property price growth had been weak since the 2016 EU referendum, adding that ‘Brexit-related uncertainties’, as well as other factors, had […]

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London House Prices Hit £500,000 Average

The average cost of a property in London rose above £500,000 for the first time in October. Land Registry figures showed that the cost of homes in England and Wales rose by 5.6% in the year to October, up 0.4% from the previous month. London saw the biggest rise in the last 12 months, with […]