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
IF YOU WOULD LIKE TO SPEAK TO OUR TEAM ABOUT HOW WE CAN HELP YOU WITH YOUR PROPERTY SALES, RENTALS OR INVESTMENTS
Sign up for the latest local properties, news and insights, all delivered straight to your inbox