Political uncertainty around Brexit has helped push transactions in the central London housing market to their lowest in a decade.
The number of homes changing hands in the capital’s upmarket “prime” districts fell 14%t in 2018 from a year earlier, to levels last seen in 2008, according to data compiled by LonRes, a research firm.
Sales of new-build homes in London to individuals — excluding those sold in bulk to large-scale rental operators — sank to their lowest since 2012, according to separate data from Molior, which monitors developments in the city.
