South Yorkshire is a hotspot for cut-price properties

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Homeowners in South Yorkshire are bucking a national trend by cutting house prices.

Barnsley and Rotherham have been named among the top five areas which witnessed the highest proportions of asking price reductions over the past four years.

This comes despite the practice reaching its lowest level for four years on a nationwide scale.

Research by property website Zoopla found 38 per cent of sellers in Barnsley had cut their original price by an average of £10,981, while in Rotherham, more than 37 per cent knocked down the asking price by an average of £10,814.

In Doncaster, asking prices are cut by an average of £13,992 – one of the highest in the whole of the UK.

The figures paint a grim picture for the region, compared with news the national average of homes on the market at a reduced price dropped to 27 per cent.

Lawrence Hall, for Zoopla, said: “London, which continues to attract strong interest from overseas, has the lowest proportion of discounted properties.

“Buyers looking for a discount may want to consider heading for Yorkshire.”