Prime central London

"It’s been difficult to determine whether the General Election, the Euros or Taylor Swift’s UK tour has had the biggest impact on the public mood in June. Of the three, the last presents the best opportunity to pepper this month’s market update with cultural references."

"In the face of subdued sales performance, vacancy continued to contract over Q1 2024, with the prime West End reporting double-digit year-on-year rental growth of 11.7%"

"Prime London’s £5 million-plus market up on pre-pandemic despite recent slowdown"

"Greater stability in the mortgage markets has encouraged more domestic buyers back to the outer prime London markets whilst prime central London remains steady having held up more strongly since 2022"

"Positive year-end metrics and the improving macroeconomic outlook bode well for 2024"

"We discuss recent prime rental movements, identify key market trends, and provide our updated five-year prime rental forecasts"

"Lucian Cook highlights the impact of mortgage debt, the influence of government policies on housing, and his five-year predictions for the UK's property market"