Why house prices are dropping in UK but rising in London

This edition of The Standard podcast examines the current state of London’s property market - from the top of the ‘prime’ action, to areas attracting first-time buyers.What factors are impacting decision-making, and is it possible to negotiate anything resembling a bargain right now?The latest Halifax figures show an average UK drop in property prices of almost £3,000 per transaction - but in London, Nationwide says prices are up 1.2 per cent. Why?We’re joined by Alex Goldstein, managing director of Alex Goldstein Property Consultants, and India Block, deputy editor of the Standard’s Homes & Property section. Hosted on Acast. See acast.com/privacy for more information.