The Business Times

Property

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Property

SUBSCRIBERS

London's housing outlook remains pessmistic as spooked buyers stay away

Prospect of Bank of England raising interest rates adds to buyer caution

Published Fri, Oct 13, 2017 · 09:50 PM
Share this article.

London

REAL-ESTATE agents in London are at their most downbeat since at least 2010 as the British capital remains the weakest spot in a slowing market.

The UK market as a whole lacked momentum in September as the prospect of the Bank of England raising interest rates added to buyer caution, the Royal Institution of Chartered Surveyors (RICS) said in a report published on Thursday.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here