Central London leading UK property recovery, latest bulletin shows

[Nicholas Wallwork]

Residential property prices in the UK have bottomed out with all the signs pointing to a stabilisation, according to the*latest review but a two tier market is emerging.

The September bulletin from Black Brick, an independent*search and acquisition property consultancy, points out that*central London is leading the recovery with lack of supply and*demand from those now receiving City style bonuses again means*that prices are rising.

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[sha-sl]

correct Central London property market much better than 2007, because specially cash deals from foreign buyers.