As we jump into Autumn, the prime London rental market continues to face the issue of limited stock. While the supply of homes available to rent is limited, tenant demand remains strong.
As we head into the Summer, conditions in the prime London sales market appear to be returning to normal while, in lettings, stock shortages continue to challenge would-be tenants.
Q1 2022 has seen a strengthening of the prime London markets. Prices – in both sales and lettings – have continued to rise, albeit at a slower rate for sales, in the first quarter of the year.
Buyers wanted bigger and spent more - in fact more than any other year since our records began in 2000 - while few would have foreseen the dramatic turnaround seen in the rental market over the las