Market Update

  • January 2012

    The Central London market marches on, whilst values of suburban/country properties have fallen. The continued rise in London values is due to lack of supply and pressure of overseas money seeking a safe haven.

    Many lessees/tenants are buying lease extensions or freeholds under the legislation, clearly anticipating further rises in the London market.

    I will be pleased to advise regarding likely price to pay for freehold or lease extension.

    INITIAL CONSULTATION IS FREE.
  • December 2011

    The Central London market marches on, whilst values of suburban/country properties have fallen. The continued rise in London values is due to lack of supply and pressure of overseas money seeking a safe haven.

    Many lessees/tenants are buying lease extensions or freeholds under the legislation; I anticipate being very busy in 2012.

    My office is closed until 3rd January, but please do not hesitate to leave a message on:
    0207 730 6615 or my mobile: 07803 722 121. I will collect messages and will be pleased to assist during the Christmas/New Year holiday.

    INITIAL CONSULTATION IS FREE.

    A very Happy Christmas and Peaceful New Year, perhaps even prosperous!
  • November 2011

    In September, I expressed doubt whether Central London residential market could continue to rise whilst property values out of London were falling.

    The answer is simple. Central London values are continuing to rise due to a very small supply of properties for sale and much overseas money anxious to be invested in the prime areas of Central London.

    Notices to acquire freeholds and lease extensions under the Enfranchisement Acts continue to be served. I am busy advising clients in Central London.

    INITIAL CONSULTATION IS FREE.

    If I can help, please contact me.
  • September 2011

    The Central London residential market remains extremely strong, partly due to a lack of supply and strong demand. Prices have continued to rise and most predictions are optimistic.

    However, outside Central London markets are generally falling; there is resistance to asking prices and lenders are continuing to be mean regarding mortgages. Together, this is causing the market out of Central London to stall. Time alone will tell whether the whole market will cool although foreign money continues to pour into London flats and houses.

    Notices to acquire freeholds and lease extensions under the Enfranchisement Acts continue to be served. I am busy advising clients in Central London.

    INITIAL CONSULTATION IS FREE.

    If I can help, please contact me.
  • July 2011

    The Central London residential market remains extremely strong, partly due to a lack of supply and strong demand. Prices continue to rise and predictions are generally optimistic. However, out of London the market is less predictable and it is possible this uncertainty may influence the London market to soften after September, when holidays are over. Time alone will tell.

    Notices to acquire freeholds and lease extensions under the Enfranchisement Acts continue to be served. I am busy advising clients in Central London.

    INITIAL CONSULTATION IS FREE.

    If I can help, please contact me.
  • May 2011

    The Central London residential market remains extremely strong, partly due to a lack of supply and strong demand. Prices continue to rise and predictions seem optimistic.

    Notices to acquire freeholds and lease extensions under the Enfranchisement Acts continue to be served. I am busy advising clients in Central London.

    INITIAL CONSULTATION IS FREE.

    If I can help, please contact me
  • March 2011

    Journalists/economists are gloomy about the UK housing market, although many will have read Savills optimistic forecast for the future. Frankly, I make no predictions, although naturally I have an opinion. I rely upon open market evidence at the present time.

    At the lower end of the residential market, out of London, prices have fallen. However, the London market continues to flourish, Central London seen to be a safe haven for investment.

    With continued confidence in Central London, Claims for freeholds/lease extensions continue to be initiated. I am busy advising clients.

    INITIAL CONSULTATION IS FREE.

    If I can help, please contact me.
  • January 2011

    Journalists/economists are gloomy about the UK housing market. At the lower end of the residential market, out of London, prices have fallen. However, the London market continues to flourish, the capital seen to be a safe haven for investment.

    With continued confidence in Central London, Claims for freeholds/lease extensions continue to be initiated. I am busy advising clients.

    If I can help, please contact me.
  • December 2010

    Whilst the residential market out of London has problems, in particular at lower levels where values are falling, Central London remains buoyant. Demand exceeds supply.

    If you are contemplating buying your freehold or extending your lease, please do not hesitate to contact me to discuss matters.

    Many lessees are showing their confidence in Belgravia, Chelsea, Kensington, Knightsbridge etc. by serving Notices to buy their freeholds/extend their leases. I am very busy advising many clients.

    Happy Christmas and Best Wishes for 2011.
  • October 2010

    The Central London residential market has continued to flourish through the summer with demand exceeding the supply of flats and houses, but September/early October has witnessed a reduction in demand, perhaps even a softening of the market.

    Many lessees are showing their confidence in Belgravia, Chelsea, Kensington, Knightsbridge etc. by serving Notices to buy their freeholds/extend their leases. I am very busy advising many clients.

    If you are contemplating buying your freehold or extending your lease, please do not hesitate to contact me for a discussion.