Business US

London Property Market Now Most Likely Place to See Homes Sell at a Loss in UK

A home seller in London now is more likely to make a loss than any other place in the UK for the first time in at least a decade.

About 15% of Londoners last year sold their home for less than they bought, according to a report from Hamptons. That was the highest proportion in England and Wales and well above the national average of 8.7%, the broker’s data dating back to 2015 showed.

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