The Golden Venn Perspective
Autumn 2019

Increased interest in the PCL market has resulted in sales volume growth in Quarter 3. Softer prices, a weaker pound and an economic backdrop that has remained stoic throughout the Brexit process resulted in more buyers completing deals.

Buy-to-let investors, hit by recent tax changes, will be pleased to see rental values edging up on the last quarter, with sentiment and tenant demand remaining steady. There are indications that investors are positioning themselves to move once Brexit uncertainty diffuses.

The reduction in Treasury stamp duty receipts has given rise to hints and speculation of SDLT changes. We eagerly await the Autumn Budget for positive news for the property market.

Retaining its crown as the world’s number one city for education, number two position in the Global Financial Centres Index and with an expanding High Net Worth population, London remains very much open for business.