Desperate UK homeowners are cutting prices, says Zoopla
by Patrick Collinson and Angela Monaghan from Economics | The Guardian on (#3B0HA)
Property website says 35% of homes up for sale have cut sale price, with Brexit vote to blame for the biggest discounts in London
Price cutting by homeowners desperate to shift their property in a slowing market has reached the highest levels in six years, according to an analysis by website Zoopla.
Just over 35% of the homes marketed on the site have marked down their price in the hope of achieving a sale, with the biggest discounts in the London property market.
Related: Housebuilders issue Brexit plea as poll shows UK reliance on EU workers
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