London residential

"Cash buyers have supported activity across prime London, but the market remains price-sensitive as buyers’ budgets have come under pressure. As such, sellers who are most prepared to be realistic on price will likely garner the best end result"

"Looking back at the property headlines in 2023 so far, you would be led to believe that wealth and investment had deserted the UK, and the property market had halted. But there is a marked difference between the headlines and reality when it comes to prime central London property today."

"Recent further increases in the cost of mortgage finance are likely to put further pressure on prices in the more mortgage dependent parts of prime London"

"Price growth stabilises across prime London following a dip at the end of 2022. But realistic pricing will be crucial to maintain momentum and activity this year"

"Despite increasing economic headwinds in London, the number of sales of £1 million-plus homes in September this year were more than 50% above the pre-pandemic norm for the same month, according to Twenty-CI. "