AN INCREASE IN HOUSE SALES PREDICTED FOR CENTRAL LONDON

Research produced by London agent Hurford Salvi Carr in their Midtown, City and Docklands Residential Review 2008 reports that there is a strong chance that the number of property transactions will slowly start to increase in the second half of 2009.

Buyers, many of who are currently in rented accommodation will be tempted back to the property market by lower asking prices, historically low interest rates and an increase availability of mortgages following Government pressure to force the banks to offer realistically priced mortgage products.