Capital conditions
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Developers in London are increasingly avoiding leasehold properties, opting for Build to Rent, co-living, and student accommodation instead. This shift, driven by affordability issues and market stagnation, is changing the landscape of new housing developments across the capital.
The market for flats in London is experiencing a significant downturn, with a high percentage failing to sell within six months. Factors such as increased mortgage rates, service charges, and building safety concerns are contributing to the slump, impacting owners and the wider housing supply.
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