What’s behind London’s house price slump? SIMON LAMBERT on the struggling property market and why there’s a silver lining for buyers


London‘s property market is in a slump. House prices in the capital have fallen 5% since their peak in 2022, according to the Land Registry, but that headline figure masks a deeper problem.

Some properties and areas have seen a far bigger drop, with sellers forced to accept more than 20 per cent less than they paid for their expensive homes.

This is Money Publisher Simon Lambert explains why London house prices have tumbled, which properties have been hardest hit and why there is a silver lining for buyers.



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