Thoughts from our Property Experts

As predicted, spend on London property has fallen sharply - perhaps by a half, possibly more

by Adrian Black Adrian Black, author of this post , Thursday 08 January 2015


The latest Land Registry information analysed for west prime central London property market shows a very sharp drop in spend on residential property in the area. In the graphic below contains data up to the first two weeks of November.

I would not be surprised if the full November report when known showed spend in November 2014 at perhaps as low as a half – perhaps a third? of the spend in November 2013. We have tabled the reasons in earlier blogs driving the fall…upcoming general election, property tax increases, especially for non-dom’s and enveloped dwellings, mansion tax uncertainty.  

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Total spend dropping in 2014


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