During the first five months of 2022, a record 23% of property sales in London were conducted off-market. The reasons for this? The shortage of stock has given Londoners the confidence to sell discreetly with sellers often going under the radar to try an above-market price. The first generation of off-market sellers were those primarily concerned about the privacy of their home, keen to ensure it...
Advice|Market News
More than a year ago, the government announced its forthcoming plans to reform the future of homeownership in England and Wales, being noted as the “biggest reform to property law in a generation”. In recent weeks, there have been some moderate developments with The Leasehold Reform (Ground Rent) Act 2022 coming into force, restricting ground rents on any new leasehold properties being built, which...