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Hamptons view a swing by Christmas

There may be a swing in the sales and letting property markets in the UK, between now and Christmas, according to Hamptons Internationals latest monthly assessment.
The company says it is seeing the combined impact of lower instructions (-12%) and a pick up in the number of new applicants (11%), compared with last year.

"The most striking aspect of this months Hamptons property data is the contrast between a weaker national picture and a stronger Southern England picture, with a particularly robust London," said Mark Anderson, CEO Hamptons International Residential Agency.

"Our experience is that where London leads, the country follows and if this cycle continues, those country areas not yet experiencing this swing will do so by Christmas."

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