Clapham's price cuts attract first-time buyers

17 April 2019

Financial Times

Homeowners trying to sell their property in Clapham, south London, today are likely to face a choice: stay at asking price and risk not selling, or reduce.  Sixty percent are going for the latter, according to LonRes. The average reduction from initial asking price to selling price is the highest the area has seen since the financial crisis, at 8.5 percent. 

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