William Carrington: On interest rates, inflation & the coming market slowdown
There is a lot of bad news out there right now and the property market will not be immune from interest rate rises and inflation, writes LonRes chairman William Carrington…
William Carrington co-founded LonRes.com in 2000. A subscription-only service providing real-time data for estate agents, relocation agents, valuers and surveyors operating in the London area, Lonres.com owns the largest archive of sales and lettings transactions in central London and further provides tailored data and research analytics to its customers. William is a director of CLEA Ltd, which publishes the London Magazine, and is a consultant to Boston Radford Chartered Surveyors. He has nearly 30 years’ experience in the central London residential market and is known to all of London’s best agents. He commutes to and from Northumberland every week.
What to read next
Rising interest rates & cost of living ‘yet to impact’ prime property buyer budgets
“With the market as competitive as it is, motivated buyers can ill afford to reduce budgets, despite rises to mortgage rates and household bills," says Savills.
Knight Frank’s five-point plan to reignite the housing market after Covid-19
A Stamp Duty holiday is just one of the "critical" government-led measures needed to "kick-start" the property market - and so stimulate the whole economy - after the Coronavirus lockdown, says the Knight…
By PrimeResi
Carrington on Q2: Brexit, Purplebricks & PCL
With the arrival of Kit Malthouse as the seventeenth incumbent Minister of State for Housing since 1997, one could say that this time, at last, we have someone with real experience of local government…
Companies in this article
LonResMost read
Savills consolidates flagship PCL teams
Big-brand agency is relocating its Knightsbridge operations to Sloane Street.
By PrimeResi
Super-prime buying ‘flurry’ drives London’s £5mn+ market
New analysis reveals how many high-value sales went through in Q2, plus which outer-prime neighbourhood has joined London's top three £5mn+ enclaves for the first time.
By PrimeResi
High-profile buying agency toasts 20 years in business
Sloane Square-based firm reveals acquisition record and says industry shifts have made the market 'increasingly difficult' for buyers to navigate.
Resi developer’s global survey reveals ‘what the world thinks of London’
London Square research finds the capital leading the pack for careers and resi investment, with overseas sentiment more upbeat than the domestic narrative might suggest.
Veteran sales director joins Douglas & Gordon
Former Aspire, KFH and Fine & Country operator joins London agency's self-employed network.
What do the wealthiest want? Four questions, 32 experts, ten key findings
'Something has shifted at the very top of the market,' declares LPF boss Priya Rawal after consulting a panel of luxury property insiders.
By PrimeResi
Super-prime agent vents fury at ‘ransom note’ portal bill
Trevor Abrahmson has shared Glentree's internal numbers to highlight how much each lead costs.
By PrimeResi
Mapped: How Prime London prices & rents have shifted over the last three months
Latest data reveals what's been happening at neighbourhood level.
International buyer picks up £7.9mn St John’s Wood pied-à-terre
Longstanding listing changes hands as wealthy buyers continue to target large family homes in NW8.
Knightsbridge Estate & Harrods begin Hans Crescent revamp
Public realm upgrade will bring new planting, trees, seating and lighting to the well-trodden Knightsbridge route.
LATEST ARTICLES
In Pictures: Goddard Littlefair completes contrasting show residences at The OWO
‘What drew us in was the idea of two residents with quite different ways of living’, says design studio, revealing two takes on life at the Raffles-branded Whitehall landmark.
Developer offers £42k private school sweetener to homebuyers
Two years of fees are on the table at a north London scheme as firms look to tempt purchasers with increasingly inventive incentives.
Knight Frank boosts planning division with heavyweight hire
David Churchill has moved from Carter Jonas.
By PrimeResi
High-profile developer wins £1.9mn SDLT battle over Chelsea mega-mansion
Upper Tribunal dismisses HMRC appeal in long-running tax dispute.
One in 10 UK home buyers use overseas funds – claim
Due diligence platform flags the prevalence of cross-border funding in the property market.
By PrimeResi