S4 Episode 3: A Closer Look at London's Prime Residential Market

The Luxury Podcast

English - October 12, 2022 12:43 - 30 minutes - 20.7 MB - ★★ - 1 rating
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Previous Episode: S4 Episode 2: Creating a Five-Star Lifestyle with Hotels to Home

Next Episode: S4 Episode 4: Building Your Dream Home with Shield Contract Services

London has always been a top choice for home buyers and investors from across the world and has enjoyed a fairly solid performance in a post-Covid world. However, a changing economic climate and the appointment of a new prime minister have cast a shadow of uncertainty over the future of the market. Laura Conduit, a Partner in the Residential Property division of Farrer & Co., talks about the key drivers in the London market and why it might be too early to suggest that things are headed for a sustained downturn.

In this episode, we cover:

- The range of services offered by Farrer & Co.

- Uncertainty in the market due to current economic factors

- Main drivers in London's prime markets and what the hottest areas are

- Predicted impact of the energy crisis

- Important things that buyers and sellers need to be aware of in the current market

- Awareness of the tax and duties to be paid when buying a second property in the UK

- Outlook for the London market over the short to medium term

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