Peter Rollings commenting following the latest house price figures from the Land Registry
Monday, 28 September 2009
"London house prices have risen consistently over the past few months and continue to outperform the rest of the UK. But house prices don’t tell the whole story and, much like in other parts of the country, transactions in the capital are still extremely low by historic standards. There’s also a huge disparity between the short supply of properties for sale and resurgent demand from buyers, which has pushed up London prices. But we can expect more homeowners to put their homes on the market in the coming months – and confidence will be boosted by signs that lenders are increasing the mortgage finance on offer. This will help redress the supply-demand imbalance and prices will begin to plateau towards of the end of year."
-ENDS -
For further information please contact:
The Wriglesworth Consultancy, James Staunton / Tom Urpeth 0207 427 1400
Marsh & Parsons has been part of the London property scene since 1856. The sales and lettings agent has 14 offices situated in prime positions across central, west and south London. They have an intimate and extensive knowledge of the area.
Marsh & Parsons are an independent and professional firm with a 'can-do' attitude covering all aspects of residential property. They aim to establish individual relationships with clients through a business built on energy, agility, professionalism and knowledge. Their business aim is to be the agent who not only understands the local area around their offices better than any other agent, but also to be at the heart of the community.
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