Resilient sales figures from London’s top end property market

Sometimes it can be a struggle to manage property assets. The key to succeeding is finding someone with the right kind of skill set. We are the foremost business working in council leasing Kensington and Chelsea has. Our team members use their talents to find solutions for their clients. We can handle everything for you, including management as well as maintenance.

There has been some good news for the capital’s super prime residential property market. Sales volumes here have been quite resilient. During the year to June there were 121 transactions. Some properties were worth £10million or more. We’re comparing this to 133 transactions from the previous 12-month period.

Comparisons to previous years

In spite of this decrease, the entire value of the second quarter sales was higher than those of the past two years. The overall value of £10million plus transactions came to £707million. This is 22% above the second quarter from 2017. It is 23% above the one from 2016.

The amount of potential buyers belonging to the £10million plus price category was 7% higher in the third quarter of 2018. This is when you compare it to the same time in 2017. In addition, the number of new possible buyers registering in this period was 17% above 2017. The amount of viewings was 29% higher as well.

At present, needs-based buyers are driving the £10million plus market. Activity in areas like Chelsea and Notting Hill is greater than in other spots. This is because they possess more British-based purchasers. They want to move specifically for family reasons.

At Finefair we can work with a plethora of property types. This includes single homes and whole blocks. Our client base increases regularly thanks to positive recommendations and the fact we are the best for guaranteed rent and council leasing Kensington and Chelsea has. The clients we served thoroughly enjoy their experiences.

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