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Thousands of new build London homes lie EMPTY as service charges, taxes and high prices put off buyers and investors
Thousands of new build London homes remain empty as high service charges, taxes, and prices deter buyers and investors. The issue highlights challenges in the London housing market.
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Adjacent reporting
- The new-build homes that have HALVED in value: The hidden flaws, money pits and loopholes that make your property unsellable
- Nearly half of homes listed in past three years failed to sell as owners are pricing them TOO high
- Stag-nation: UK housing market sees ZERO growth with prices tumbling across England - so how has YOUR home been affected?
- The 'unsellable' retirement homes scandal: How Brits are losing millions of pounds as values plunge by up to 95% due to restrictive leases and high service charges
- April home sales disappoint as higher mortgage rates weigh on buyers
- End of the proud homeowner: Just 1 in 10 new build homes put on open market last year as landlords and affordable housing schemes snap up the rest