London Calling – The Market is Open and Active

In spite of the general negative press over the last 6 weeks it may be surprising to know that many of the central London estate agents have been unusually busy. Some have admitted that December 2008 was one of the busiest months of last year and January 2009 is busier yet!!

Here at the London office there has been a marked increase in enquiries from new and existing domestic and overseas clients and investors, many of whom have come through our private banking contacts, all looking at the current market opportunities and making use of the weakness of Sterling. We have spent much time sourcing and monitoring prime residential London properties during the latter part 2008 for existing clients who have been waiting throughout last year and are now already speculating these opportunities in the very early part of 2009. Significant offers are being made and accepted on prime residential stock within central London.

‘When was the last time you heard that?’

Adam Keville

Regional Director

Stacks London