‘The ball is still firmly in the seller’s court’ as the Spring property market kicks in

"The prime London property market is in a sweet spot," declares Knight Frank's research team, as buyer demand bounces back and the supply of homes available to buy picks up.

“A lack of homes for sale rather than a lack of desire from buyers is what is dictating the pace of the market,” says Rightmove, as the UK’s average asking price rises 2.1% in a month.

“We’ve seen significant competition for homes throughout the year and I can’t see that changing in 2022,” says Edward Douglas-Home, head of Scottish residential at Knight Frank.