The London property market has enjoyed one of its busiest periods in the first half of 2021 for both sales and lettings. The number of properties sold and properties let hit record levels. Chestertons data and research published in the latest London Residential Property Market Report shows that the past three months in particular have been even busier than recent averages. Sales market Recently,...
The London property market enjoyed one of its busiest ever periods in the first three months of 2021 for both sales and lettings, despite the country being in its third national lockdown. Chestertons registered 37% more buyers compared to the previous three months, to reach its highest first quarter of the year since 2014 , and 21% more sales were agreed; the highest that Chestertons has ever recorded in...
Despite the past year being challenging due to the COVID-19 pandemic, the London property market proved remarkably resilient. Buyer demand was at high levels across Greater London as many buyers and investors took advantage of the stamp duty holiday. At the end of 2020, Chestertons’ pipeline of deals in London was 53% higher than the year prior. Buyer enquiries were also up by 49%. With this strong...
The London property market remained remarkably active in the final three months of 2020, despite covid-19 and the uncertainties of Brexit.Chestertons saw a 26% rise in sales between October and December and a 63% rise in the number of agreed tenancies, compared with the same period in 2019.Although the hangover from Covid-19 will be felt throughout 2021 and beyond, and despite the uncertainties following...
The London property market gathered considerable momentum in the three months to September. The number of sales agreed by Chestertons in this period more than doubled compared to the previous three months. This increase is even more impressive given that international buyers, who typically account for a large proportion of buyers in central London, have been largely absent since April. Following on...
by Dennis Chan 