Residential and development

RESI: London's "reverse ripple effect" hitting wider housing market

By 2018-09-13T09:45:00

savills

A “reverse ripple effect” coming out of the weak London residential market has started to impact on the wider UK housing market.

Savills head of residential research Lucian Cook told delegates at Property Week’s RESI convention that a number of factors, including the stamp duty reform four years ago, has resulted in activity in the London market grinding to a halt.

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