However, we are speaking to overseas investors, particularly from those countries which are now looking at a price difference of approximately 30% year on year (such as America and Hong Kong) coming back to the Prime Central London market. Instability in Europe may well also bring back investors who, despite Brexit, perceive London to still be the best ‘bet’ for long term capital growth. There are some excellent purchases to be made in Prime Central London and having the advice of unbiased experienced property search agents who can identify the good opportunites is vital. An experienced buying agent will be able to identify the savvy purchases and put you in a strong position and now could be a good moment to take advantage of the current marketplace.
Across the rest of London, the property market is ‘ticking along nicely’ with buyers moving for all of the usual reasons, such as buying a first home or upsizing to the next family house. Agents are reporting active markets particularly up to the £1m level. However, they are not predicting any significant price increases at this point.
Pricing is difficult to understand at the moment with some vendors marketing their property at a very high price, and others who have found what they need to buy or who need to sell urgently offering some very reasonable asking prices. There are certainly some very shrewd purchases to be made out there, particularly in Prime Central London.
Knowing where and what to buy, as well as understanding the correct price, is part of Stacks London Property Search service. Our team are on the ground all day every day speaking to agents and contacts across all areas of London so when you are looking to make one of the biggest financial decisions of your life, you need professional and experienced advice. If you would like to discuss our service and your search in more detail, please do not hesitate to contact us.
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...
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...
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...
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...
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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.
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.
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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.
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