What happened in property in 2016

Sarah Moore looks back over the year to see what happened in 2016 in the world of property.

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Look before you leap into off-plan properties

The number of high-end property transactions in central London has fallen by 24% in the year to the end of September 2016, according to property agency London Central Portfolio. The firm puts the drop in demand for prime property in these areas down to the recent introduction of extra stamp duty on the purchase of second homes, as well as uncertainty in both the lead up to and the fallout from the EU referendum.

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Sarah is MoneyWeek's investment editor. She graduated from the University of Southampton with a BA in English and History, before going on to complete a graduate diploma in law at the College of Law in Guildford. She joined MoneyWeek in 2014 and writes on funds, personal finance, pensions and property.