Why Are Luxury Property Prices In London Falling? 

Lendy points out key reasons

There were only 369 houses sold for £5 million or more in the UK last year, down 15% on 433 sold in 2016 and down a third on 545 in 2014, shows research by Lendy, one of Europe’s largest peer-to-peer secured lending platforms.

Lendy says that these super-prime property sales were worth £3 billion last year, falling from £3.7 billion in 2016 and £4.7 billion in 2014.

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