'We can see the first green shoots of a recovery': Mishcon's James Liffen on the current state of the property market
"We can see the first green shoots of a recovery," writes James Liffen of Mishcon de Reya as he takes stock of the property sector's current situation, "but think it may be some time before the prime and super prime markets show the levels of activity that we saw in January and February of this year."
James is a Partner and Head of Mishcon de Reya's Residential Property team specialising in residential conveyancing. He is experienced in dealing with complex deals involving shared ownership, auction sales, portfolio purchases, tenancy and planning issues. That said, his comprehensive background means that he is an expert in handling straightforward sale transactions and purchase and refinancing transactions. James also has a lot of experience working with lenders on joint venture schemes and completing high value loans on residential properties. James' clients are predominantly high net worth individuals. For this reason he often deals with other Private client teams across the firm such Tax and Family, as well as Corporate.
What to read next
Talking Heads: How fast will the property market slow?
"There is no doubt that there is a cool breeze blowing in the London market,” says Roarie Scarisbrick of buying agency Property Vision - but the consensus amongst 21 prime property pundits canvassed…
Volatile property market to calm, says OBR as it upgrades house price forecast
"House prices have risen significantly faster since the start of the pandemic than we had expected, says the Office of Budget Responsibility.
By PrimeResi
Tom Bill on what 2021 could bring for the UK property market
Tax changes and the withdrawal of support measures mean the post-Covid ‘normal’ will only begin to emerge later next year, writes Knight Frank's Head of UK Residential Research.
By Tom Bill
Companies in this article
Mishcon de ReyaMost read
Forbes-backed brokerage adds another big name to PCL line-up
Latest Founder Partner brings nearly four decades of top-end agency experience to Martin Bikhit’s new venture.
Property billionaire swaps Holland Park for Monaco
David Reuben becomes the latest big name to leave the UK, joining a Monaco set now controlling some £77bn of Rich List wealth.
RFR brings in super-prime specialist as MD
Former Knight Frank partner joins Chelsea-based buying firm.
Guardian: Why are London mansions struggling to sell?
LonRes chief says there is some ‘unbelievably good value’ in the capital's prime neighbourhoods - but warns the market has yet to find its floor.
London Square owner racks up £1bn-worth of Abu Dhabi sales in a week
International buyers drive bumper sales tally for Aldar across two waterfront launches.
By PrimeResi
Record transfer window kicks off super-prime rental bonanza
Savills handled more than 20 player and manager relocations over the summer, including a string of deals in Cheshire at more than £30k a month.
Inside St John’s Wood Square: Sales launch at ‘once-in-a-generation’ super-prime project
Portia Fox-designed show apartment unveiled as long-awaited transformation of historic NW8 barracks site hits the market, with pricing revealed for the first time.
Super-prime London scheme lands double win at global branded residence awards
Raffles-branded project takes European and urban titles at inaugural awards programme for booming sector.
Martin Kemp Design takes up residence near Buckingham Palace
Luxury design practice moves into new Buckingham Place studio, with a run of prime resi projects underway and a growing furniture range.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
LATEST ARTICLES
Have PCL property values turned a corner?
Fresh Savills data suggests the pace of decline is easing across prime markets, as buyers & sellers become 'more aligned on price.'
By PrimeResi
Major developer calls time on London as viability ‘fundamentally broken’
Economic rewards for taking development risk in the capital have 'evaporated,' says housebuilding giant boss.
By PrimeResi
Sotheby’s International Realty rolls out 50th birthday marketing pageant
Luxury property broker brand marks milestone anniversary with an ad campaign, a coffee-table book and a big agent gathering.
By PrimeResi
Rate fears & Budget jitters deepen top-end housing slowdown – RICS
September's survey of surveyors confirms London remains notably weaker than the national market.
By PrimeResi
Chestertons names new short-lets boss
London agency reports growing demand from owners whose properties have been sticking around on the sales market.