London Market Comment January 2015

As Christmas fast approaches we are looking with interest to see what effect the new stamp duty for second homes might have.

We believe that there may well be a very early start to the New Year, with previously undecided investment buyers hoping to purchase their property in time to complete before the 1st April 2016.

As buying agents we know that our service, networks and experience will be essential to these buyers. We will be on the streets proactively looking at all of the new properties from the minute the agents open their doors in the new year, in order to gauge the market and to seek those valuable investment opportunities throughout prime central London.

There is no doubt that our experience and contacts will add value to our clients, enabling them to be in the very best possible position to avoid paying another 3% on stamp duty.

Our hope is that the good estate agents will be gearing their vendors up as we speak, asking them to have their paperwork in place, forms filled in and solicitors signed up in order to assist their purchasers to make a speedy purchase.

We advise that if you are considering making an investment purchase in London, you use the next couple of weeks to enlist a buying agent to assist you as well as ensuring that your finances are in place. We are able to offer assistance with solicitors, surveyors and financial advisers as well as steering our clients through the process from speaking to agents, viewing properties, offering and the transaction itself.

If you would like to speak to us please do not hesitate to call or email- we will be available to speak throughout the Christmas period.