Winter market comment 2016
As the end of what has been a rather turbulent and fractious year draws to a close, Stacks London Property Search are finding that more and more domestic buyers are turning to us for help, advice and some hand holding to assist with their purchases. Whether this is to buy a larger family home, rental investment or pied a terre finding a property in London at the moment can be stressful and time consuming.
With regards to the market, Stacks London Property Search have seen less overseas buyers than expected as Brexit continues to keep the markets guessing. However, a large amount of UK residents have been holding off for as long as they can and now need or have to move, and this will keep the market moving into next year.
Stacks London see a healthy but not aggressive start to the beginning of the year as people continue about their daily lives and move for all of the normal reasons. Overseas investors will come back to the Prime Central London market as the prices dip and sterling remains low, allowing them to make some shrewd and potentially lucrative investments.
If you would like any help or advice on buying a property in London, please do not hesitate to contact us for some free impartial and confidential advice.