Buyers & sellers spring into action as London market thaws

Following a bumper 2022, Savills has registered the highest number of buyers looking for £5m-plus homes since its analysis began.

Chestertons saw a 20% rise in the number of buyers entering the market and a 19% increase in requests for property viewings in the first two weeks of March.

Average discount to asking price hits -8.4% in Prime London, with data showing the longer it takes to sell, the bigger the cut.