The London Barometer January 2012

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Sales: January 2012

Market Comment

“There’s little doubt the market has potential with the highest number of buyers registering for 12 months. It seems the domestic market is picking up quickest with lower/middle level flats selling at last. The higher end is proving a little stickier in early 2012 as foreign buyers, driving prices north, pause for breath. Perhaps the fact that the properties actually selling are those with nominal price cuts shows prices are reaching their peak.”

Ed Mead, Director

 

Lettings: January 2012

Market Comment

“Renting is becoming a more established option for many, with tenant registrations holding up. With Douglas & Gordon now firmly seeing buy to let returning strongly, particularly with buy to let mortgage availability at a 4 year high, the market is showing no sign of slowing up, either in volume or rents.”

Virginia Skilbeck, Director

For a printable version of the London Barometer please download the PDF below.

D&G London_Barometer_-_January_2012.pdf