the Bank of England's has sent a note to its clients in which it claims that the property market boom in London has peaked, and that price falls are likely. The bank cites imminently interest rate rises and the 'politicisation' of the housing crisis as factors that suggest price rises cannot, or wil not be allowed, to continue. While efforts have been made to temper price rises at the luxuary end of the market, these efforts have not yet been expanded to tackle the rest of the market; the bank expects that this could change.
Deutsche Bank has sent a note to its clients in which it claims that the property market boom in London has peaked, and that price falls are likely. The bank cites imminently interest rate rises and the 'politicisation' of the housing crisis as factors that suggest price rises cannot, or wil not be allowed, to continue. While efforts have been made to temper price rises at the luxuary end of the market, these efforts have not yet been expanded to tackle the rest of the market; the bank expects that this could change.