Property hotspots where asking prices have been slashed

Hannah Nemeth

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House-hunters could pick up a bargain if they know where to look as asking prices are being slashed, on average, by £25,000 – by almost £4,000 more than they were in January 2016.

More than a quarter (29%) of properties on the market across the UK have had their asking prices cut at least once since going on the market, property website Zoopla reveals.

Sellers in the capital are also offering their home at discount prices, with an average of 7.8% off the asking price – more than the UK average of 6.9%. 

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Source Moneywise http://ift.tt/1T5OrjQ