Thoughts from our Property Experts

There are buyers about but they are being very selective

by Adrian Black Adrian Black, author of this post , Thursday 19 February 2015


Against the background of running up to the general election, but a firming in the odds of the Conservatives winning most seats (about 8/11 on versus Labour at 5/4 against) buyers are looking but being cautious and selective.

Given the current outlook I expect the total spend on residential property in 2015 in our west prime central London areas to be meaningfully below the spend in 2014 (perhaps by 10% to 20% - possibly a little more).  What happens to prices will be heavily influenced by supply.