London 's housing market is being hit by continued uncertainty over prices , according to recent analysis . Around 39 % of current London property listings have predicted a price reduction , according to a January published by UBS , while in December , Halifax predicted house prices will rise in the coming year , with increases of between 2 % and 4 % . Naomi Heaton from London & Portfolio is among the leading experts expecting a turnaround once the UK 's relationship with the EU is settled , while Savills forecasts a 6 % bounce in prices in 2021 and a rise of 12.4 % in the 2019 - 2023 period .
London's housing market is being hit by continued uncertainty over Brexit, according to recent analysis. Around 39% of current London property listings have seen a price reduction, according to a January report by UBS, while in December, Halifax predicted house prices will stabilise in the coming year, with increases of between 2% and 4%. Naomi Heaton from London Central Portfolio is among the industry experts expecting a turnaround once the UK's relationship with the EU is settled, while Savills forecasts a 6% bounce in prices in 2021 and a rise of 12.4% in the 2019-2023 period.