The cost of buying close to a London palace tops £3 million | Prime London’s sales market remains strong in May, while rental stock levels continue to tighten
Prime London houses outperform prime London flats. House prices rise 6.1% over two year period while price of flats falls by 0.9%.
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For the prime lettings market the last 12 months have been something of a rollercoaster. In late 2020 tenants were bargaining hard with landlords and double-digit discounts had become the norm across central London. A year on and it is tenants who are having to work harder to secure a property.
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