Carrington on Q4: Gauging the tipping point

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Assuming a discount of about 20% against house prices at their peak, in 2014, the £2.5m house or flat becomes £2m which allows the purchaser to factor in stamp duty and provide insurance against uncertainty in the market, says LonRes Chairman William Carrington...

Written by

William Carrington

Chairman at LonRes

William Carrington co-founded LonRes.com in 2000. A subscription-only service providing real-time data for estate agents, relocation agents, valuers and surveyors operating in the London area, Lonres.com owns the largest archive of sales and lettings transactions in central London and further provides tailored data and research analytics to its customers. William is a director of CLEA Ltd, which publishes the London Magazine, and is a consultant to Boston Radford Chartered Surveyors. He has nearly 30 years’ experience in the central London residential market and is known to all of London’s best agents. He commutes to and from Northumberland every week.

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