The first half of 2008 was a difficult time for the London residential property market. The banking liquidity crisis led to the loss of 60% of new enquiries in the sales market, compared with the first half of 2007, and resulted in a downturn in transactions that was exacerbated by reports of consumer confidence hitting [...]
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There were reports that 40 estate agents a week are closing. What do you see?
It’s interesting. I have to say when I read that I suddenly thought, where on earth is that coming from? Whilst we have seen closures, it’s certainly to date has not been reflected as far as our own membership is concerned.
There [...]
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Richmond Green is one of the grandest greens in London, fringed by fine William and Mary houses and several good pubs. An annual black-tie May Ball is held there in a marquee. In aid of the Orange Tree Theatre, the ball is a glitzy event, heavily patronised by the big names of stage and screen.
Former [...]
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It has been, by turns, a rewarding and frustrating six weeks, with many instances of bumper prices on the one hand and disheartening, last-minute fall-throughs on the other, as prospective purchasers get the jitters and/or can’t get their lend.
Yes, it’s true, even high rollers aren’t immune to the credit crunch. Amusingly, one of my Rich [...]
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