Buyers race to secure Central London homes

Despite the quiet Easter and Royal Wedding bank holiday weekends, demand levels across the capital rose by almost 50% during March and April when compared to the same period last year.

Those people looking to secure a sale are in a strong position to take advantage of the shortage of property on the market and strong buyer confidence.

James Hyman, Partner for Residential Sales at Cluttons, said:

"Activity levels in Central London are now picking up rapidly as buyers recognise that price growth is set to continue for the foreseeable future. They are keen to buy sooner rather than later, when the market is likely to be even stronger.

"Central London property has proved to be the only stable investment throughout the downturn, and increasing numbers of domestic and overseas purchasers are trying to buy a stake in it.

"People who are looking to move at the present moment are in a strong position to achieve a good price from a very proceedable buyer."

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