The latest LonRes data points to a more cautious prime London market, with softer transaction levels and pricing reflecting deals agreed amid earlier uncertainty. However, this is a period of adjustment rather than decline. Motivated buyers remain active where value is clear, while strengthened lettings activity signals underlying confidence and opportunity for both buyers and sellers.
Read MoreA dull first quarter dampened the spirits of the PCL property market. However, prices are holding firm despite the economic downturn, and an upward turn in the weather heralds a more positive Q2 if we can address the lack of stock. For buyers, preparation is key to be ready to make quick decisions and in a position to move forward.
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