London homes experience steepest discounts since 2009
30 November 2018
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Homebuyers in London's most exclusive central postcodes are securing typical discounts of more than £350,000 off the asking price of properties as reductions reach their highest level in almost a decade. In the three months to October, the prices at which homes changed hands in the wealthiest W1 and SW1 postcodes were 13.6% lower on average than the initial asking price, according to the data group LonRes.