Asking prices for newly listed homes in UK’s richest borough fall by £100k in one month

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Asking prices for newly listed homes in UK’s richest borough fall by £100k in one month

Fierce competition in some areas of London means landlord purchasers are making successful lowball offers The average price of a home coming up for sale in Britain’s richest borough has dropped by almost £100,000 in a month as fierce competition among sellers in many areas prompts some to slash their price expectations, data shows. The property website Rightmove said that for Britain as a whole, average newly listed …