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London house prices 'will rise'

An overwhelming majority of Londoners believe that house prices in the capital will continue to rise, according to a new YouGov poll.

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Poll: Londoners think house prices will continue to rise

House prices reach a new high. Credit: Rebekah Downes/PA Wire

An overwhelming majority of Londoners believe that house prices in the capital will continue to rise, according to a new YouGov poll.

Yesterday OECD economists warned that Chancellor George Osborne’s ‘Help to Buy’ mortgage scheme could inflate house prices. The news came one week after new figures showed that the average asking price for a house in London surpassed £500,000 for the first time.

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