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Summer time in Central London

As I write, it is peak holiday time here Central London with the streets, bars, shops and restaurants full of happy tourists from every corner of the globe. Our hard working staff are taking well-earned breaks as are many of our clients.

As I write, it is peak holiday time here Central London with the streets, bars, shops and restaurants full of happy tourists from every corner of the globe. Our hard working staff are taking well-earned breaks as are many of our clients. As a result the office is less busy than usual.


There is, however, a gradual rise in Lettings activity. Much of this is prompted as students get notice of their grades and acceptances at the many world class colleges and schools that are found here. Parents’ joy at their children’s grades is soon tempered by the reality of finding accommodation and housing for their little geniuses.


On the Sales Desk we are starting to talk to owners and landlords and load up with properties that we will be selling from now until the early Autumn. My view is that the market has now consolidated after the strong rises of recent years. We are starting to see signs that good and well put together flats,  that are sensibly priced, will attract multiple interest and achieve full market value. We had two above asking-price deals agreed last week. It rather depends where you set the asking price, of course, but many of our sellers are now on the same page as us.


Experience counts and we have seen bull and bear markets and several complete cycles during my time up here. This morning I took on a flat I first sold in 2005. It was odd to go back into a property I sold 10 years ago, but also a  great feeling knowing that the owner remembered the good service he got from us and especially because he  remembered yours truly for all the right reasons.


I totally understand if selling or buying is not at the top of your agenda fight now, but once you have got the sand out from between your toes, please feel free to get in touch and we can talk about getting the process started.

 

Adrian Philpott

Associate Director

West End

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