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UK developers offer incentives to entice buyers

They will pay sales taxes, give away £20,000 worth of furniture and the chance to win a free parking space as demand slumps

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Falling residential property values and declining homebuilder sales will result in more competition among developers, who are building a record number of high-end homes in London.

London

LONDON homebuilders are offering to pay sales taxes, give away £20,000 (S$35,732) worth of furniture and the chance to win a free parking space as Britain's vote to leave the European Union damps demand.

An economic contraction means that residential property values in