Property intelligence · without the noise
The BriefMark Breffit’s weekly view on the London market, mortgages, the economy and policy—and what they actually mean for sellers and buyers.
London propertyMarket · Economy · Policy
01London’s housing market has split in two
The economy is proving more resilient than expected, but that strength may keep mortgage rates higher. Meanwhile, London’s houses and flats are behaving like fundamentally different asset classes. For sellers, identifying which market they are actually in has become critical.
02The market has not stopped. It has become selective.
Bank Rate is unchanged and inflation is lower, yet mortgages are edging up and summer activity has cooled. The useful story is not that London has stopped—it is that buyers have become far less forgiving.