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London property prices start to fall

Series: Guardian ; 27 June 2000, 2(1)Publication details: 2000Subject(s): Summary: RICS reports that the property boom is over and areas such as London which performed particularly stongly are likely to see falls in house prices over the next three months. Greedy sellers, cutting of mortgage tax relief and interest rate rises have contributed to the downturn.

RICS reports that the property boom is over and areas such as London which performed particularly stongly are likely to see falls in house prices over the next three months. Greedy sellers, cutting of mortgage tax relief and interest rate rises have contributed to the downturn.