Which specific prime London boroughs are seeing the most significant easing of price falls, and what are the investment opportunities?
Quick Answer
Prime London boroughs like Westminster and Kensington & Chelsea show an easing of house price falls, now around -2.5% to -3.0% annually. This moderation presents potential investment opportunities as prices stabilise, contrasting with higher BTL mortgage rates and the 4.75% Bank of England base rate.
About This Topic
Prime London boroughs like Westminster are seeing price fall easing to -2.5% annually. Investors should focus on rental yields amidst 4.75% base rate and 5% SDLT surcharge.
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