London rent prices surge by 20 but house sales losing steam
That's according to estate agents, Foxtons London-focused estate agency Foxtons has cashed in on soaring rental prices, but cautioned over a more challenging year ahead as higher interest rates are set to rein in housing sales. Foxtons revealed it started the year with fewer homes under offer than the previous year, due to volatility in the housing market caused by Liz Truss’s autumn mini-budget. Because it takes four months to complete a house sale on average, the effects of reducedRead More