Demand for prime property in central London slows after stamp duty change

Demand for property in London's most prestigious locations has fallen a few weeks after a new stamp duty charge of 3% was introduced on buy to let and second homes, new research shows. Property demand in the prime central London sector is at just 10% on average, having fallen 23% since the new surcharge was introduced, according to the PCL index from fixed fee estate agent eMoov. It is now at its lowest since the firm began recording its data over a year ago in the index which records the change...