London house price growth to slow in 2014
Rightmove cites proposed tax on property sales by overseas owners
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[LONDON] The London housing market will cool next year as a proposed tax on property sales limits demand from overseas buyers, Rightmove Plc said.
Asking prices in the capital will increase 6 per cent after gaining 10.6 per cent in 2013, the UK's biggest property website said in a report which was published yesterday.
Prices nationally will rise 8 per cent, up from 5.4 per cent this year.
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