The number of new home building starts in London has dropped to its lowest level in six years as a slump in the luxury apartments market is compounded by Brexit concerns.
Construction of some 3,700 units began in the third quarter of this year, the lowest figure since the same quarter in 2012, according to Molior London, which monitors property developments in the capital.
This brought the total of new homes started in the first three quarters of this year to about 17,000, putting the total for this year on track to be the lowest since 2013.
