Six out of 10 home movers believe the current market favours buyers, with people in Scotland the most likely to hold this opinion and Londoners the least likely, a study from property analyst Rightmove has found. While much of the market has stagnated, London has been boosted by demand from overseas buyers, and analysts have predicted this trend will continue in 2012 as the city prepares to host the Olympics. Some 30% of those surveyed across Britain believe prices will be lower in a year's time, outstripping the 25% who expect prices to be higher. However, in London people tended to be … [Read more...]
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