London bridge

Growth prospects for the London market

There are many reputable agents operating in the London market and Savills certainly qualifies as one of the better ones. Over the years I have been particularly impressed by the standard of its research. The company doesn’t always say the market is perfect and now is the time to buy. In the past it has forecasted prices to drop, which must have made its research department very unpopular in the eyes of its sales teams. So when it comments positively on the prospects for the market it is time to sit up and take notice. The company’s research department is forecasting a 6.5% growth rate for London in 2012 and whilst some would see this as optimistic, it is not a back street, one man operation making that claim. Sit up and take notice – it is probably right!