Why are London's flats becoming harder to sell?

Share Save Add as preferred on Google James Schaife James and his partner have been unable to sell their one-bedroom flat in London and say they are on the verge of bankruptcy Meghan Owen , London work and money correspondent and Jonathan Fagg , England Data Unit In 2015, thousands of people queued overnight in the rain to reserve and buy studio apartments selling for under £200,000 in Hounslow, west London.

It's in stark contrast to today's appetite for flats, with property portals reporting a slump in sales.

But why, when the country is in a housing crisis with a desperate need for affordable homes , are flats now struggling to sell?