Absolutely Magazine
March 2017

 
Most predictions suggest that 2017 will be a challenging year for the property market. Article 50, reforms to stamp duty including buying a second home or investment property, changes to tax relief on buy-to-let mortgages and the various taxes imposed on Non-Dom buyers have all played their part to calming the property market. We focus on the mid to upper property market in north, north-west and central London and international buyers are making way for the return of domestic buyers. For a while, we’ve advised aur selling clients to be realistic with guide prices to enable a smooth transaction. This advice has resulted in success with Arlington Residential achieving the right result. Such an example is the marketing of a new development of Mews houses in Primrose Hill. “After several months of marketing with price-happy local agents, we were instructed and found buyers for 4 of the 5 houses. We have one left!” The last remaining house within this gated, newly built development is a 2 bedroom unit with secure underground parking. The guide price is now £995,000, for a 999 year lease.

Guy Fisher Arlington Residential