UK Property

UK Property

Cautious UK homebuyers force correction in sellers’ price expectations

Stay informed with free updatesSimply sign up to the Property sector myFT Digest -- delivered directly to your inbox.Sellers of UK residential property are expected to rein in lofty price expectations this year as buyers remain cautious despite falling mortgage rates, according to agents and housing market experts.“I think those sellers who had pinned their hopes on doing the kind of extraordinary transactions that happened in the bullish times have had to get real,” said Roarie Scarisbrick, a partner at buying agent Property Vision. “Some of the froth is dissipating....
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