The Golden Venn Perspective
Spring 2019

While many buyers and sellers are understandably hesitant, watching the market carefully and biding their time, both the number of new prospective buyers registering and the number of offers being made increased in the year to February.

A growth in rental values in the year to March has led to a renewed focus on this section of the market, reinforced by a predicted compound growth of 9.1% over the next five years.

London has maintained its position at the top of many global league tables, but the delays to decisions surrounding Brexit has impacted the PCL property market. The resulting fall in the number of new properties which have been listed for sale has created disparity between supply and demand. This does however bode well for a potential upward pressure on both prices and market activity once there has been a resolution to this uncertainty.