Houseprices are falling annually for the first time since 2012 — and many forecasters expect they will fall further still. It’s the news private renters like me think we’ve been waiting for. Brush up your credit rating and cash in your ISAs, the keys to a natty starter flat in Zone 2 are practically in your pocket already. Right? Ha. Ha. Ha.
Read beyond the headlines (always encouraged) and you’ll pretty quickly butt up against the inconvenient figure of £536,622. That’s the average price London homes have “fallen” to in a year, according to Halifax.
