LONDON, UNITED KINGDOM – Maskells Estate Agents are delighted to announce that we have been ranked 1st for Sales Agreed per office in our Area for the 1st Quarter of 2019 according to data from Rightmove, the UK’s leading property portal (the Data is on our website). The company is also delighted to announce that in addition to winning the Gold for Best Estate Agency Sales from the British Property Awards for their area, the Team have now also won Gold for Best Estate Agency Lettings (Leases). The Team fended off competition from large corporates such as Knight Frank and Savills in both achievements.
The Prime Central London Market remains challenging in the face of Brexit, however, international buyers are still acquiring property due to beneficial exchange rates and the very low annual property tax (about $3,250 per annum for the highest value properties). Prices are now equivalent to November 2014 (down ~25%) and it is worth noting that the dollar has risen in value against sterling by over 18% in the same time. Prime Central London Property is therefore over 40% cheaper for US Dollar buyers than it was four years ago.
As the only full service NAEA (National Association of Estate Agents) and ARLA (Association of Residential Lettings Agents) certified Luxury Real Estate Member office in London, we are always delighted to welcome LRE Members to our city. We had the great pleasure in recently hosting Dr. Carly York from Resources Real Estate, NJ and Nicky Johnson from First Team, Encinitas – Olivenhain. If any LRE Members are visiting London, please do let us know – we would be delighted to welcome you to our city. We would also like to thank the members who have called us over the past few months with ideas, potential listings and just generally for a catch-up.