London Market Comment Autumn 2016

As we enter into the traditionally busy Autumn market, we are experiencing high levels of enquiries from UK residents looking to buy their first or next home in London, as well as overseas investors enjoying the weaker pound to seize an opportunity.

So, what is happening? The media appear to be as confused as the vendors and buyers out there, and even the agents are feeding us conflicting reports.

In truth it is still difficult to predict the effect that ‘Brexit’ will have, and this has been exacerbated by the traditionally quiet summer period immediately following the results.

However, with lower interest rates, foreign investment interest buoyed by the weaker pound as well as some pent up demand from buyers waiting to see what the effect of the new stamp duty rates as well as the referendum results would have, we are already experiencing a busy Autumn.

The good reputable estate agents have, where possible, managed their vendors’ expectations well and those vendors who have listened have achieved shorter times between placing their property on the market and receiving offers, whereas other properties have been hanging around on the market since before the referendum.

In a market such as this we could not emphasize more, the importance of using a buying agent who has a proven track record of experience and success in the more difficult markets – using our advice and unparalleled knowledge is essential to ensuring you are buying at the right price, as well as enlisting a professional to guide you through what is currently a challenging market.

There are some great opportunities out there at the moment but you need to have your (or our) wits about you to buy well.

If you would like to discuss our services and how we can be of assistance please do not hesitate to call or email us.

You may also be interested in

Summer Market comment 2023

Sara Ransom of Stacks Property Search says: Prime Central London down 10% “Property in prime central London is still around 10% cheaper than it was three years ago, but as much as that might once have made it look good value, in a post-Brexit, post-Covid world, there are many less buyers for...

Spring Market comment 2022

2022 Last year was very much a story of buyers looking for lateral space and being able to work from home, whilst still being able to commute to the office alongside those who made the jump to the country at the beginning of the pandemic and are now missing the lights...

London 2020 trends and 2021 outlook

2020 Sara Ransom of Stacks Property Search says, “Buyer behaviour in London has shown several distinctive changes during the course of 2020. “There’s been a big surge in demand for swimming pools, from large basement pools, to tiny organic-looking plunge pools in small back gardens. Architects have been overrun with holiday-in-your-back-garden demand. “Required...

London Market Comment Spring 2020

After the pause, will the property market be on rewind or fast forward? After many weeks of sitting in our homes, and with a ray of light in sight, Stacks London asks what on earth the property market will do. Up until the end of March, the property market was in full...

Start your property search today

Call us on +44 (0) 1594 842880 or complete the form below

How we can help you

View our property finder services

When making probably the most important financial decision of your life, it pays to have the right advisors at your side.

Property Finder Service

We search high and low, on the market and off the market, and we keep hunting until we’ve found the right property for you. Next we negotiate the best price and terms on your behalf. And then we make sure you enjoy a hassle-free move.

Downsizing or Resizing

Retirement or semi-retirement is an exciting stage in life. Finding the right home to live in and enjoy it to the full is important. We know that and will do all that we can to understand what you’re looking for… before starting to search. And search we will, until we find the house of your dreams.

Moving from Abroad

Relocating is time consuming and stressful. We regularly work with clients who live abroad. We hunt, short-list, prepare your viewings, and make the search process as easy as possible. We oversee the negotiations, manage the conveyancing, and deal with the headaches, so you can concentrate on other aspects of your move.

Holiday Home Hunt

A holiday home is often an interesting mix of investment and heartfelt connection. You want to use it, but you may well also be keen for others to use it too. We can advise you on what factors to consider in making your decision. And we can then find the perfect holiday home for you to enjoy.

Investing in UK Property

Others say, ‘location, location, location’. We say, ‘location, purpose, price, capital growth, rental returns’… the list goes on. Knowing the market is critical. Local knowledge is key. We ensure all aspects of your investment decision are addressed. Finding, analysing, negotiating, and completing… it’s what we do.

“You showed fantastic attention to detail, anticipated all eventualities, and provided timely and practical help and guidance every step of the way. Above all, you supported me in making my own considered decisions, and I am so grateful to you for all your help in getting me to where I am now!”

“We firmly believe that without Rachel and her skilled negotiation we would not have secured the property.”

“We felt they genuinely wanted to help.”

“Stacks’ performance on this assignment has been absolutely outstanding and more than met my expectations. Her understanding of the brief and the ‘after-find’ service set a standard of professionalism that I have not met before.”

“It is not often that one is pleased to part with money but I can truthfully say that I am on this occasion. You have earned every penny of this cheque and what is more, you have done it with great courtesy and good humour. It has been very pleasant working with you. You really did take most of the stress out of our house hunting.”

“Encouraging me to think creatively about what could work for me.”

“Finding a plot not yet on the market and persuading the developer to enter into an exclusive contract with me to build to my specification.“

“I was impressed by the efficient, kind and courteous service provided by Stacks”

“Stacks were a tremendous help and we would never have found our home without them. She is a lovely person with a great sense of humour which was essential during some of our tricky negotiations“

“You gave a much-valued ‘younger’ perspective on our situation, which was a real asset”

“We found the service extremely helpful and professional at all times”

“I have been delighted with the service I have received from Stacks and will not hesitate to recommend Stacks in the future.”

Subscribe to our newsletter

Receive updates about the world of property, straight to your inbox.