London Asking Prices Jump 17pc after the Election

London homes that were put up for sale following the general election are 17pc more expensive than properties that were already listed. New research has found that many sellers, who watched annual house price growth in London gradually slow over the last nine months, have now kick-started the sales process, banking on heightened demand following the election. Rich vendors in central London had prepared their homes for sale but were waiting for the outcome of the election, concerned that a Labour win would see an introduction of a mansion tax. However, the new research has also revealed a surge in newly-listed property, across the UK’s four leading property search websites, Rightmove, Zoopla, Prime Location and OnTheMarket, at all price points. Read more on the Daily Telegraph website.