The gap has changed between buyers and seller expectation, as well as asking price and actual sales price, on a quarterly basis across London and the UK. In London, the current average is £523,071 with upward movement on both an annual and quarterly basis, continuing the positive trend set at the start of the year.
U.K. house buyers are paying 25 percent less than the average asking price, according to Benham Reeves Director Marc von Grundherr.
Analysis by Benham & Reeves shows that London accounts for 11.3% of UK property transactions but 40% of Stamp Duty. In his interview with London Live, Director Marc von Grundherr explains how Londoners are being disproportionately punished by Stamp Duty.
With many Malaysians investing in London property, estate agency Director Marc von Grundherr talks to radio station BFM 89.9 about the rise in fraudulent tenants and what you need to know.
Marc met with Phil Pelucha to discuss his journey from an Investment Banker to one of London’s leading property commentators. Contains plenty of advice and tips for property professionals and investors.
Marc is incredibly knowledgeable and has a unique and interesting insight into the property market. The guys chat about Marc’s exposure as an investor himself, working with investors on a daily basis and being involved in the high-end property market in London.
Neutral colour schemes, uncluttered rooms and simple, modern fixtures and fittings are the areas where your money is best spent, says Anita Mehra, managing director of London-based estate agency Benham & Reeves.