I have a friend who has been trying to sell a central London flat for eight months. Another has had a large house on the market for six months. They can't understand why these one-time money machines aren't selling. What happened to the hot London housing market, the one in which you could sell any dark noisy mini-Victorian conversion for a million quid?
http://www.ft.com/cms/s/0/e1e05608-5b5c-11e4-a674-00144feab7de.html#ixzz3HBMTrPUk