Continued uncertainty over tax still affecting prime central London property

Annual price growth in prime central London fell to 0.9% in November, against the background of prolonged uncertainty surrounding the impact of property tax, according to the latest analysis report. Annual growth was at its lowest level since October 2009, with a monthly decline of 0.3% contributing to the slowdown, says the report from international real estate firm Knight Frank. In the six months to October, when asking prices fell by 10% to 20%, exchanges took an average of 24 weeks but viewi...