You are here

Property boost likely in London if Scots quit UK

Sept asking prices up, ending 3 months of declines: Rightmove
Tuesday, September 16, 2014 - 06:00
BT_20140916_SCOT16_1269214.jpg
Easing prices: London's property market has shown signs of cooling in recent months and Rightmove says that average asking prices in the capital are now 5.9 per cent below their peak in May. - PHOTO: BLOOMBERG

[LONDON] London's property market could benefit if Scotland votes for independence and some financial institutions decide to relocate to the UK, according to Rightmove Plc. London would be a "logical destination, creating extra employment and knock-on demand for homes", Rightmove said in its