London property sales market – review of 2020

2020 has been a rollercoaster of a year for property sales in London – from the lockdown in March which saw the housing market shut down completely, to Chancellor Rishi Sunak’s temporary Stamp Duty holiday which has prompted a surge in activity, boosting demand from London homebuyers.

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The London property sales market – November 2020

Lockdown has prompted many people to reassess what they want from their property purchase. Some Londoners are looking to move to a new part of the Capital, while others are looking for more space. Whatever the location, flexibility is more important than ever and a home now has to be multi-functional and able to quickly …

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Generation Buy. the creation of two million first-time homeowners

The UK Prime Minister, Boris Johnson, has pledged to create two million more homeowners with the introduction of a new 5% deposit mortgage scheme for first-time buyers, aimed at helping younger people in particular get onto the property ladder. At the annual Conservative conference, held virtually this year because of Coronavirus restrictions, the Prime Minister …

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The London property sales market – October 2020

Demand for homes in London continues to grow and the market is getting busier. We are carrying out growing numbers of valuations and receiving new instructions daily, so our stock levels are increasing which is leading to more viewings with potential buyers. This increase in activity is now starting to translate into greater numbers of …

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The London property sales market – September 2020

London is experiencing a real surge in demand for homes, as buyers take advantage of the current Stamp Duty holiday as well as historically low interest rates, both of which are contributing to the current boom in activity in the housing market.

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Demand rising for London residential property from Hong Kong investors

Buying a London property is a prime investment opportunity for Hong Kong buyers – either as a pure investment or as a home. The potential is clear – London is an international hub for business and education and the UK’s stable political system and strong economy are also important factors. New UK Visas for Hong …

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The London property sales market – August 2020

Demand for homes increases We are seeing a noticeable increase in enquiries from potential buyers, both owner occupiers and investors, as lockdown continues to ease. Lockdown forced most buyers to put their plans to buy a property on hold, creating pent-up demand which is now being released and so demand continues to grow. There is …

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The London property sales market – July 2020

Since restrictions were lifted on the housing market in May, we’ve seen enquiry levels from buyers jump to above pre-Covid 19 levels. Currently, we’re receiving 7.5% more enquiries than in February. Well known property portals have also been reporting strong demand with Zoopla, for example, also reporting dramatic increases in enquiries in May, both for …

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The London property market – June 2020

The housing market has re-opened and in the first two weeks since restrictions were eased, we have seen growing numbers of enquiries from renters looking to move home. Of course, the rental market we are seeing now is very different to how it was pre-lockdown. There is a lot of housing stock coming onto the …

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The London property market update – May 2020

We continue to work hard for our clients, offering full support and updates for tenants and landlords throughout the Covid 19 pandemic. While our offices are closed, each has a full-time member of staff working from home who can be contacted either by their usual email address or office telephone number. Our property management, accounts …

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The London property market update – April 2020

The Covid 19 (Coronavirus) pandemic is presenting us with serious challenges but we are working hard to maintain as normal a service as possible to both tenants and landlords during these uncertain times, while operating within the government’s guidelines.

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The London sales market – March 2020

Buyers and sellers return to the market in force; coronavirus having virtually no effect on confidence We continue to see increasing confidence in the London property market, with quite dramatic upturns in both new valuations and the number of new buyers registering with us. We are extremely busy working with buyers and sellers at all …

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