theRatandMouse - London's property blog

What's this? Madness? Inebriation? No, it's a press release. According to London estate agents Alex Neil, improving lending conditions are the first sign of the boom returning. While other offices are closing, AN continues to expand, "to meet high demand". What's more visits to the AN website are apparently up 218% in the last three months. They predict a 15% rise in London house prices. Which begs the question... what's everybody else doing wrong?

Meanwhile, according to the Halifax, university towns in southern England continue to do (comparatively) well. with properties selling at a premium of as much as 20%. More here.

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I think when a story like this is not backed up by any numbers it has to be taken with a pinch of salt. Lettings are doing well at the moment so their optimism may be based on that but I can say from my own experience that the sales market in London pretty much ground to a halt over the summer.