child mortarboard gbp briefcase bath coffeecup tree twitter search crosshair fax house papers sort house-pound brochure list-items notes printer video-camera video virtual-video bath bed camera floorplan heart-empty heart-filled heart-empty-thin heart-filled-thin sofa calculator compass share clock list map-pen map-pin pencil save business-card letter phone heard people pointer cross linkedin google-plus facebook arrow-right close triangle-down my-wink my-wink-thick house-circle loading-spinner bell close-circle dog link pinterest school transport wardrobe arrow-up one two three four five six seven tick

Bonfire-Night!

I bet not many people at the beginning of the year saw that one coming. First Brexit then the Trump Presidential victory.

I bet not many people at the beginning of the year saw that one coming. First Brexit then the Trump Presidential victory.  At this early stage, I am a little vague as to how it will pan out but my instinct is that it is bad for the European Federalist Dream. The results of various upcoming European elections could well reflect similar popular dissatisfaction with the established order.

 It is interesting to note that since the Brexit vote, our weaker pound has contributed in good part to four out of our last five sales. It may well be that some American buyers who have been thinking of a London base will look again at London property investment  as a way of hedging themselves against whatever political and economic uncertainties lie ahead in their homeland. We have seen similar recent activity from our Europen buyers.

Our local Central London market is coming into its natural year end lull but there are deals to be done. Both buyers and sellers are realistic and understand the current dynamic. Several of our most recent instructions have come to us having tried higher elsewhere and I am confident that we have the experience in this office to ride out the turbulence.

In a way I am pleased that the market conditions and economic and political landscape has become much more challenging. It allows those of us with real local experience and relevant background to offer the value-added service that our clients and buyers expect and may not find elsewhere.

If you are looking for a little less flannel and a lot more insight, please do get in touch with the sales team here.

Paddington & Bayswater
0207 467 5770
 

Related posts

Bank Holiday Time

I have been spending a bit of time lately ploughing through the statistics that can be found in the deeper recesses of our Rightmove and Zoopla archives, especially the ones that measure our figures against those of our competitors.

Read post

May 15, 2018

April Showers

British Summer Time has arrived, Easter and The Beast from the East have come and gone and Spring has sprung.

Read post

April 18, 2018

Spring Time!

Winter isn’t over yet.  Just when we thought Spring was around the corner, the ‘Beast from the East’ delayed it for a week or so.

Read post

March 22, 2018

Find your Local Office

Find your Local Office

Speak to people who, quite simply, love their patch and love what they do.

Get a Free Valuation

Get a Free Valuation

Thinking of selling or letting your property, or just interested to know what it is worth nowadays?