Is the prime property market on the turn?

W.A.Ellis - or if we're being formal, W.A.Ellis, a JLL company - has summed up the current PCL conditions rather eloquently in its latest market update.

With HSBC dropping bombshell plans to cut 8,000 jobs in the UK and mulling over whether to even keep its global HQ in London, these are worrying times for City workers.

The ever-excellent Lonres Residential Review indulges in a spot of tealeaf reading to get a steer on what’s likely to happen in the prime property market over the coming 12 months.