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

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Submitted ⁨⁨3⁩ ⁨weeks⁩ ago⁩ by ⁨Vosh@programming.dev⁩ to ⁨unitedkingdom@feddit.uk⁩

https://www.theguardian.com/business/2026/aug/17/newly-listed-asking-prices-kensington-chelsea-london-uk-lowball-offers

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  • Nighed@feddit.uk ⁨3⁩ ⁨weeks⁩ ago

    I thought all the landlords were selling up after the recent renter right changes?

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    • thanksforallthefish@literature.cafe ⁨3⁩ ⁨weeks⁩ ago

      That is indeed a plausible reason for the oversupply and buyers market the article identifies.

      Whether it is the root cause is an open question that the article doesn’t answer. There are many possible reasons for an oversupply

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