Woolwich has released its yearly Cost of Moving survey and in the survey it highlights that many homebuyers are negotiating prices down by up to 15% with some tough barganing.
The report said that Londoners faired better at this than their counterparts in the North.
Our view
London is a soft market at the moment i.e. prices are volatile and sellers are nervous as opposed to the North were prices are continuing to rise. It is no surprise that you can drive a hard bargain the south.