Managing Director of Barrows and Forrester , James Forrester, commented:
“It’s to be expected that the astronomic rates of house price growth seen since the introduction of the stamp duty holiday will now start to subside as we approach the final deadline. But don’t be fooled into thinking the market will now deflate like a cheap birthday balloon.
The inner London property market is down, but certainly not out, according to the latest research from London lettings and estate agent, Benham and Reeves .
Benham and Reeves analysed all residential property transactions to have taken place since we entered the first lockdown (23.03.2020) and how the capital is performing when split between inner and outer London.