Prime London property market still adjusting to tax changes

Prices of prime London residential properties fell marginally in the first quarter of 2016, as uncertainty regarding the global and domestic economic outlook continued, says a new analysis. Overall values across the whole of the prime property market in London fell by an average of 0.3% in the three months to the end of March, according to the report from real estate firm Savills. But there continues to be a distinction between the higher value, discretionary prime central London markets and the...