Despite almost half (45%) of buyers asking for a price reduction on properties in light of the COVID-19 pandemic, home sellers are not budging on price according to the latest research by online estate agent Strike.<\/p>\n\n\n\n
The area most likely for buyers to ask for a price reduction is London, where 70% of sellers say they\u2019ve been asked to lower their property prices. Alternatively, regions including Northern Ireland and the South West saw buyers less likely to ask for a price reduction. On a UK-wide basis, just one fifth of sellers say no reduction has been asked for at all in recent months.<\/p>\n\n\n\n