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UK property brokers bracing for the worst amid headwinds

Demand for housing falls to 6-month low on Brexit worries, tax hikes and out-of-reach property prices

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Average home prices in Greater London fell in six of the past 12 months, according to LSL Property Services/Acadata.

London

BRITAIN'S largest property brokers are cutting jobs, closing branches and raising capital even as homes sell for record amounts. While some companies have blamed Brexit and tax hikes for a drop in transactions, high values have put off many other buyers.

Demand for housing

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