London property price drop not enough to spook RMBS players

Sam Kerr

October 17, 2017 02:00 PM

PA-London skyline — File photo dated 31/03/16 of houses in south London and the skyline of the City financial district. Research by the Trust for London suggested 2.3 million Londoners are living in poverty, even though record numbers of people are in work. | Dominic Lipinski/PA Wire/PA Images

Asking prices for London property fell by 2.5% annually in October, reflecting a growing belief among UK mortgage lenders and investors that the capital’s property boom is slowing, though there is little panic among RMBS market participants.

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Sam Kerr