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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

Record-breaking sales, resurgent international demand and a surprise winner among the capital's super-prime neighbourhoods - but buyers are still calling the shots.

The St John's Wood street has notched up almost £100mn of house sales in the past 12 months.

'Buyers have plenty of choice and sellers are having to work harder to stand out and attract them,' says portal.

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Many are reviewing rental values and adjusting portfolios in response to growing regulatory, tax and borrowing pressures, says agency.

The city has survived plague, fire, war and terrorism over the centuries; a few gloomy forecasts aren't about to finish it off, says top buying agent.

Property portal says 'supply, demand and pricing trends appear to be steady and in-line with seasonal norms' following the introduction of the Renters' Rights Bill.

Researchers claim '90% of [leasehold] buyers regret their purchase.'

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.