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London Property Market 15 May 2019

Inside Wandsworth Issue 1

At the start of 2019 there has been a resurgence in activity in the Wandsworth sales market, with an increase in the number of buyers registering, and pent-up sales demand from the past few years being released.

The lettings market has also seen a strong start to the year, with tenant demand strengthening as registrations has increased also.

“It looks as though the downturn in pricing we have seen over the past 3 years bottomed out at the end of 2018. There has been a tangible change in the market in the first quarter of this year with an increase in the number of buyers registering and, for the first time since 2015, a reduction in the amount of properties available for sale” - Chris Willmer, Wandsworth Sales Manager.

“Tenant demand has strengthened this year but there is a shortage of all types of properties for the rental market. From a landlord perspective this really is an ideal time to achieve the best price“ - Scott Foley, Wandsworth Lettings Manager.