Park Lane Estates, Central London Property Brokers for W1 and SW1

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MARKET REPORT

Central London Property

We believe it is important for buyers to be able to get an idea of what the industry thinks is happening with the market. We believe in giving an unbiased market outlook. If the market it doing well we will tell you and likewise if times are tough then you should know so you can base any decision on a fair and thought through point of view.. We have enough buyers looking for various different requirements that will satisfy our business at any time in the economic cycle so we don't mind giving negative advice if the situation requires it.

As a result we will give a regular update on the current market condition for buyers and sellers and should the market require it a more frequent update.

BANK OF ENGLAND BASE RATE	INFLATION TARGET	INFLATION CURRENTLY	LATEST BANK REPORT
5.5%	2%	2.1%	NOVEMBER 2007

Park Lane Estates Central London Property Market Outlook

"The supply of new properties on the market is still fairly limited leading to a build up of interested buyers. As a result prices are strong and buyers are learning that they will have to be serious when offering on their potential purchase. There are still a few properties around that have failed to sell over the last year. This is usually down to either lack of motivation from the agents or the sellers are not that interested in selling quickly. Many people are still in a strong financial position that allows them to wait for the right and sometimes optimistic price. Prices seem to be levelling out and not growing at the rates they have enjoyed in the past year." DECEMBER 2007

Central London Property Market Resources

If you are looking to buy or rent an apartment or house in Central London then you will need to understand and get your head around the wealth of factual and speculative information currently on the market via web sites and the national and international press. Here are some of the more useful sites and sources of information to help you make your balanced judgement. Do remember that buying in Central London is often different to buying anywhere else in the country or internationally and also that the media will always have to follow a very generalist viewpoint. Here in the Capital, the market is different street to street and building to building.

Market Research

AREA INFORMATION	PROPERTY PRICES	FINANCIAL NEWS	MARKET NEWS	BANKS & TAX

UpMyStreet	NetHousePrices	FT	Economist	Bank of England
		Telegraph	Reuters	Halifax/BOS
		The Times		Abbey National
		Evening Standard		Nationwide
		Guardian		Revenue & Customs

Market Report - International Property

The International property market is very diverse, and also affected by many more factors especially when you look at the international holiday and investment property market. Different tax, legal and political factors will affect the market and pricing substantially and many buyers can fall into the trap of not researching their target country and market and get hit financially in the end.

But where there are risks there are many opportunities. If you are interested in buying abroad, you can contact us directly for advice and we can help with any questions of the finding of a foreign agency. We can even act as a search agent and do all the leg work too.

If you would like an honest opinion on what is happening to the Central London or International property markets just contact us and we will give you the inside information from the industry.

Park Lane Estates
Central London Property Brokers

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