July 2011

“The definition of a statistician is a man who believes figures don’t lie, but admits than under analysis some of them won’t stand up either” (Evan Esar) FORECASTS One of our leading property agents recently upgraded their 2011 forecast for Prime London movement from -1% to + 8%.  Although this shows an amazing strength in […]

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June 2011

THE DEBT REPORT Recent data shows that home loan approvals were only 45,000 in April 2011 which was down 8% on the year but more importantly it can be compared to the November 2006 peak of 130,000. THE WEALTH REPORT HM Revenue predicts that this year 1% of Britain’s population will earn 12% of all […]

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May 2011

The Mayfair Summer Market has begun ROYAL WEDDING EFFECT With the wonderful events of the Royal Wedding behind us it is interesting to note that the slow down effect last month was not just local but global with our website traffic down 50%. Thankfully it is now getting back to normal with interest and demand […]

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April 2011

MAYFAIR MARKET UP BY NEARLY 50% The volume of sales for residential flats and houses for the 1st quarter of 2011 was 47% higher that 2010 but still 40% off the peak of 2007. The bad news is that the aggregate value of those transactions was down by 45% on 2010 and only 25% of […]

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March 2011

STRICTLY BY APPOINTMENT ONLY – The rise of “Quietly on Market” One of the leading website portals today indicated that my postcode in Mount Street had 14,670 potential “registered buyers” to see the property when the details were added and the property goes on the market. As the total number of properties sold over the […]

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