Mar
30

London Prime-Home Values Fall on `Brexit’ Fears, Stamp Duty Hike

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Home values in London’s best districts fell for the third consecutive quarter as financial-market turmoil and the risk that the U.K. may vote to leave the European Union damped demand, according to broker Savills Plc.

Properties in neighborhoods defined as prime central London declined 0.8 percent in the first three months of the year, Savills said in a statement on Wednesday. Values probably won’t rise this year, according to Lucian Cook, the broker’s head of residential research…

London Prime-Home Values Fall on `Brexit’ Fears, Stamp Duty Hike

 

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