London.prime property

Prime property market in London still hit by tax, politics and the economy

Higher taxes and political and economic uncertainty have continued to suppress prime London residential values throughout 2016, according to new research. However, as prices have become more aligned with buyer expectations of value, the market has become more fluid, says the report from real estate firm Savills. Average house prices across the prime property market […] The post Prime property market in London still hit by tax, politics and the economy appeared first on PropertyWire . Continue reading

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Potential buyers and tenants in luxury London property market down since Brexit vote

The number of people seeking to buy a luxury property in London has fallen since the UK voted to leave the European Union, new research suggests, lettings are also down but not as much. The luxury rental market in London has been fairly stable since the Brexit vote, with the percentage of people looking to […] The post Potential buyers and tenants in luxury London property market down since Brexit vote appeared first on PropertyWire . Continue reading

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Overseas investors boosted central London office market after Brexit vote

Central London’s office investment market has seen a strong 2016 with total turnover expected to reach more than £16.8 billion, some 20% ahead of the long term average. The research from real estate firm Savills also shows that the 2016 total is likely to be only 15% down on 2015, one of the strongest years […] The post Overseas investors boosted central London office market after Brexit vote appeared first on PropertyWire . Continue reading

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