The run-up to the end of the stamp duty holiday on 31 March was always going to be a busy time for the housing market and prime London was no different. Encouraging news on the vaccine roll-out, together with a detailed roadmap out of lockdown resulted in a renewed confidence for London’s prime housing market and a surge in sales activity over the first quarter of the year.
We anticipate the re-opening of London’s offices, restaurants, bars and theatres will all benefit the prime lettings market over the coming months. Stock levels, still high in a historic context, are falling back and new lets are also on the rise.
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