So here we are in September, the children are back at school, the weather’s still warm and sunny (with no mention of autumn just yet please!) and we all remain positive that the market will start to pick up after a fairly quiet summer.
This week in sales, we have taken on 5 new instructions with another 5 due on in the next week or so, so perhaps there is life still in the London property market?
We now have willing clients aware that asking price figures haven’t been achieved for some time now, so marketing properties at the correct level is crucial in this market.
At the beginning of August interest rates were cut for the first time in 7 years and reduced to the lowest figure in The Bank of England’s 322 year history, so right now, money is still “cheap to borrow” – What more of an incentive does one need to buy in a affluent, but well priced area of London?