Prime London Property Sales Autumn Market Overview

Political uncertainty and last years tax changes continues to challenge the prime London property market and we have seen the same challenges spread into other parts of the housing market. Some key take away's from our partners Lonres Autumn 2017 property sales overview report include:

• Despite the continued uncertainty little has changed with achieved prices when compared to this time last year
• Activity levels beginning to increase in some parts of London. Transaction is up across three prime areas 
• The gap between the expectations between vendors and buyers is narrowing 
• Number of properties needing a reduction of price fell 
• Demand from existing- owner occupier has increased over the last 12 months