
London’s property market has finally “turned a corner” a year after Kwasi Kwarteng’s mini-budget, with property listings back at levels seen before the ex-chancellor’s ill-fated Commons statement and prices starting to tick up again.
Latest data from London lettings and sales agents Foxtons shows how buyer and seller activity slumped alarmingly in the wake of last September’s disastrous “growth plan” which sent mortgage rates soaring after unprecedented spikes in gilt yields.