The London market remains challenging for home buyers.  The attached report highlights a significant jump in the Market Advantage Indicator to 83.0, which is the highest level in 2019.

What that means is the housing inventory is limited and that desirable properties will probably attract multiple offers.  So, given the environment, how do buyers prepare to be successful in securing their next home. 

Here are the Critical Steps:

  1. Mortgage Pre-Approval – Having confidence in knowing your financial position is essential. Work with a Mortgage Broker or Financial Institution to determine how much you can spend on your next home.
  2. Know your Buying Criteria – Know the dream home that you want. Once the home that you want hits the market, you will have to act quickly and be prepared to make a decision.
  3. Select a Trusted Source for Market Data - My site, chrisbramwellrealtor.com is one of the best sites in London to obtain the same information Realtors use. You can customize your search, receive updates and much more.

The London market is challenging but together, we can develop a strategy that will enable you to buy the dream home you have been looking for.

Not intended to solicit buyers or sellers currently under contract with a brokerage.