Market Report

Key Points

• Prime central London prices rose 7.4% in September – lowest annual rise since January 2014.
• Prime central London rental rates rose 0.2% in September – seventh consecutive rise in as many months.
• Prime central London rental yields rose to 2.84% in September – highest increase in over three years.
• Three-quarters of London's £2m+ properties affected by 'Mansion Tax' would be flats and terraced houses.
• Lower than expected increases in inflation will encourage Bank of England to delay a rise in interest rates till 2015.