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PrimeResi's snapshot of the London property market, featuring the latest sales and lettings data from LonRes.

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Property Market News

Due diligence platform flags the prevalence of cross-border funding in the property market.

Looks like we're back in the deal doldrums.

'We expect the market to remain relatively subdued through the rest of the summer,' says Savills after looking at the latest Bank of England data.

Major London agency says landlords have been rethinking pricing tactics under the RRA - and reports a 20% drop in sales enquiries.

Savills reports annual falls of 3.3% for greenfield sites and 6.6% for urban land as viability concerns and weaker sales rates continue to stifle appetite.

'Something has shifted at the very top of the market,' declares LPF boss Priya Rawal after consulting a panel of luxury property insiders.

Tenants from the continent accounted for a quarter of the agency's £5k-a-week-plus deals in H1, up from less than 10% a year ago.

Think tank estimates a 7% decline in the national millionaire headcount last year.

CONTACT LONRES: If you would like further independent data on the dynamics of London’s residential market or required some bespoke research for your business, please contact the Research Team at LonRes on [email protected] or call +44 (0)20 7924 6622.