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Sales of London's priciest properties spike 80pc as lockdown ends

Sales of London s priciest properties spike 80pc as lockdown ends
The supercars are back in Knightsbridge , estate agents say
Demand has spiked for prime London homes in areas such as Notting Hill
Credit: Alexander Spatari
Sales of the most expensive homes in central London have soared as the economy reopens and the exodus from the capital reverses.
Deals in Kensington & Chelsea jumped 80pc in the two weeks since restrictions started to ease on April 12, compared with the previous 28 days, according to property website Zoopla. This was the largest jump in sales of any local authority in Britain.
Four other London boroughs were also in the top 20. Lambeth, Sutton, Barking and Dagenham and Hammersmith and Fulham recorded respective rises of 49pc, 48pc, 40pc and 39pc. ....

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Want to buy a house? Bid 20pc over asking or get gazumped

Record number of homes attracting three offers or more
1 May 2021 • 5:00am
This flat in London, marketed by Chestertons, had 25 viewings in four days, 11 offers and sold for 17pc over its asking price
Credit: Martin Giddings
An acute shortage of properties is prompting desperate homebuyers to gazump, panic buy and bid 20pc over the asking price in a market that agents describe as “cut-throat”.
The share of homes that attracted three or more offers hit 41pc in April, the highest figure since the data was first compiled in 2010, according to Hamptons International estate agents.
The average home attracted an offer within 17 days of being listed in April, compared with 26 days in April 2019. The result is a panicked market. Thea Carroll, a buying agent, said: “Gazumping is back, in full force.” ....

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Канал «Україна» покаже серіал «У полоні минулого» з Аліною Гросу

Канал «Україна» покаже серіал «У полоні минулого» з Аліною Гросу
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