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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

A month on from the introduction of the biggest rental reforms in a generation, property lawyer Edward Cooper looks at the exemptions and grey areas that still require careful navigation.

Fear of not having seen everything available is now the main factor weighing on buyers’ minds and undermining confidence, reports Eccord.

If we want the market to function more efficiently again, we need to stop viewing the housing crisis purely through the lens of first-time buyers, says brokerage chief.

'Landlords aren’t using the legislation as an excuse to increase rents,' says letting agency boss, as most London boroughs record slowing price growth since the Renters' Rights Act became law.

Agreed Sales are down again, and there's been an interesting jump in sales and rental listings being withdrawn from the market.

'Market conditions have notably shifted' in the last six months, say analysts, as top-end price forecasts are scaled back again.

Vendors are 'on the ropes,' says buying agency boss, as she reports 'record discounts & exceptional value across Prime Central London'. But buyers still need a deft touch to secure a good price.

Official Bank of England data reflects a Spring sales market dampened by geopolitical strife.

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.