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Changing of Seasons

Towards the end of August and the beginning of September our office here on New Oxford Street becomes extremely busy as the lettings market gets fully into its stride. London and specifically the West End is awash with academic institutions and the bright young (and not so young) things from around the world start to arrive and look for somewhere to live. The forward thinking landlord sets their rental year up to coincide with this seasonal migration. The sales market has a slightly quieter time of it in August, but usually gathers momentum in the first weeks of September. We have a General Election looming and as is often the case, political and economic stability strongly influence investment decisions when the UK and London are looked at from overseas. The perception of how the economy will be shaped post-election will to some extent determine where the market will go in the near term. Interest rates, currency levels, budgets, taxation and house building will all be closely looked at. As any market does it will ultimately come down to supply and demand in the long term, as well as a bit of fear and greed in the short term. Meanwhile, here at the coalface, we are seeing valuation and instruction levels picking up. Agreed sales are also looking good but the crucial determinant for a successful sale is a plausible asking price. More than ever the asking price sets the bar for the seller to get enquiries, viewings and offers. Set it too high and the whole process stalls before it even starts. Promise too high and expectations will never be met. Much like politics really. So, whatever your political persuasion, if you are thinking of selling you will need unbiased and experienced view in order to make an informed decision, We’re happy to help if you’d like to give us a call.



Towards the end of August and the beginning of September our office here on New Oxford Street becomes extremely busy as the lettings market gets fully into its stride.

London and specifically the West End is awash with academic institutions and the bright young (and not so young) things from around the world start to arrive and look for somewhere to live. The forward thinking landlord sets their rental year up to coincide with this seasonal migration.

The sales market has a slightly quieter time of it in August, but usually gathers momentum in the first weeks of September. We have a General Election looming and as is often the case, political and economic stability strongly influence investment decisions when the UK and London are looked at from overseas.

The perception of how the economy will be shaped post-election will to some extent determine where the market will go in the near term. Interest rates, currency levels, budgets, taxation and house building will all be closely looked at.



As any market does it will ultimately come down to supply and demand in the long term, as well as a bit of fear and greed in the short term.

Meanwhile, here at the coalface, we are seeing valuation and instruction levels picking up. Agreed sales are also looking good but the crucial determinant for a successful sale is a plausible asking price.

More than ever the asking price sets the bar for the seller to get enquiries, viewings and offers. Set it too high and the whole process stalls before it even starts. Promise too high and expectations will never be met. Much like politics really.

So, whatever your political persuasion, if you are thinking of selling you will need unbiased and experienced view in order to make an informed decision, We’re happy to help if you’d like to give us a call.

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