Following a challenging year in the property market culminating in the election results and route to Brexit, we asked property expert, Harry Wigram, for his take on this year’s potential
“Following the conclusion of last year with much political uncertainty throughout the last 12 months, the property market witnessed a very strong year end performance in Central London. Whilst uncertainty, nationally and internationally, still remains, the result of the General Election gave the market a much needed confidence boost amongst buyers and sellers
The prime Central London market is set to bounce back this year, well ahead of the capital’s mainstream market, and assuming Brexit happens smoothly at the end of January, leading researchers anticipate a 3% average price increase in PCL in 2020 – the first annual price growth since 2014 with cumulative growth of circa 20% over 5 years”
At Broseley, we certainly feel that the market is gathering momentum with a new sense of intent and clarity. Our first quarter is fully booked and stretched, and we are in negotiation for a number of new projects to commence in the Spring.
Harry Wigram Property is an exclusive and independent property consultancy specialising in the prime central London market.
Visit Harrywigram.com to learn more.