As we head into the Summer, conditions in the prime London sales market appear to be returning to normal while, in lettings, stock shortages continue to challenge would-be tenants.
Q1 2022 has seen a strengthening of the prime London markets. Prices – in both sales and lettings – have continued to rise, albeit at a slower rate for sales, in the first quarter of the year.
Buyers wanted bigger and spent more - in fact more than any other year since our records began in 2000 - while few would have foreseen the dramatic turnaround seen in the rental market over the las
With more of London's prime purchasers now using a search agent to assist with their purchase, LonRes search agent subscribers were surveyed to see how the market has changed.