
It is a starkly contrasting tale of two city property surveys this morning. So is it the best of times, or the worst of times, for London’s property market?
According to agents Benham and Reeves, which have picked the bones of the latest Land Registry data, prices fell 5.7% in the capital last year, more than any other region in the land, and painfully more than the 1% average across the UK as a whole.