So, are house prices in London falling? Sort of, but mostly in the way that a toddler “falls” when they’re trying to sit down gracefully—it’s a messy, awkward stumble rather than a full collapse. If you have a fat deposit and a cast-iron stomach for interest rates, now might be a decent time to haggle.
If you don’t, consider this: the average Londoner now spends 12.7 years saving for a deposit. That’s longer than it took to build the Channel Tunnel. Maybe just move to Birmingham? (I kid, I kid. Mostly.)
Just remember: in the grand, ridiculous circus of London property, the clown car of falling prices is still circling the ring. Whether you grab a seat or wait for the next act is entirely up to you—and your bank manager. Cheers!
