The growth rate for homes has slowed to 5.8% a year the slowest rate since August 2013 according to the Halifax house price index.
Prices for luxury homes in London are expected to fall by 9% in a year due to stamp duty tax and EU referendum, says Savills.
Many London boroughs continue to see house price growth in double figures although the average rate is slowing.
The average price of £366,744 for properties closest to the UK’s top thirty schools is £53,426 more than the average for the country.
The latest report from Lloyds shows homeowners are now more optimistic that they will own their long-term home in two more moves.
The UK cities house price index from Hometrack shows growth in the north is taking the lead as London trails after Brexit uncertainty.
Uncertainty with the EU Referendum has seen London house prices stall increasing by 0.2% for the month to June down from 1.5%, says ONS
For first time buyers the top ten least affordable homes are all located in London with the highest deposits paid, says the Halifax.
House prices for new-build properties have risen by 17.9% for the year, double the rate of existing with highest growth in the South East.
Rics June survey has shown a significant decline in the number of new buyers as uncertainty remains after the EU referendum.
The rate house prices are rising has slowed ahead of the EU Referendum with greater uncertainty expected from the Brexit vote.
Uncertainty created with Brexit could see house prices fall by 5% and decreasing swap rates may produce better mortgage deals.
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