Research suggests the premium for new-build homes across the UK is running at between 5% and 10%, versus 17% two years ago.

The RICS’ UK residential survey for June found a majority of respondents put the figure a little higher for London.

Asked whether the premium has changed over the past year the majority of contributors to RICS’ poll reported no change overall at a national level, while a third took the view that the premium had narrowed in the capital.

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