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Red hot London rental market while sales market continues to defy wider uncertainty

Property market updates | 07.07.22

Director Marc von Grundherr provides the latest market update outside the All-England Lawn Tennis Club in Wimbledon – home of the world-famous Wimbledon Tennis Championships. The London lettings market remains red hot with demand far outstripping supply and apartments are letting within one or two viewings at most. Meanwhile, the sales market continues to defy wider uncertainty caused by interest rate rises and the increasing cost of living. Sales enquiries are increasing again, leading to more viewings, more offers and ultimately more transactions being concluded.

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