Some property experts are forecasting a one in ten chance of a crash in London house prices, equivalent to events in the 1990s. Recent turmoil in the financial markets and the higher cost of borrowing have already brought about a decline in London asking prices.At the same time, lenders are tightening their criteria for new [...]

More: London Prices to remain flat

1 in 10 isn't high - but there has been a big rush on ever since the city peaked coupled with speculators waiting on for the 2012 Olympics.