New Balls Please…
With the sun shining, the covers coming off at Wimbledon, and an array of great opportunities to catch up with industry colleagues re-enforcing long term relationships, this is our favourite time of year in London.
We mentioned last month that we were hoping to finish the first half of the year with a flourish and it’s extremely pleasing to report that we have done exactly that!
The last four weeks have seen success with sales exchanging contracts, as well as new sales being agreed, and we have seen a multitude of new tenancies agreed at levels ranging between as much as £950 per week to £4,650 per week.
Considering the heat and disruption to business, alongside the fact that the country is now preparing for a new resident in no.10 Downing Street (the sixth since Tedworth was founded!), this is a real achievement.
This activity supports our consistent reporting of a very productive 2026 so far, with the volume of our sales transactions having already increased in excess of 55% year on year, with over 76% of those sales being to purchasers coming directly to Tedworth.
Similarly, our letting business continues to go from strength to strength with an increase of 24% in our managed portfolio. This truly demonstrates how the Tedworth brand and our reputation is shining through in the market.
Looking ahead, whilst it’s true that the market is experiencing something of a re-set in terms of pricing and strategy, equally, there is certainly a market out there and we continue to work with a steady stream of motivated buyers and sellers committed to the process which bodes well for the second half of the year.
Whilst a new Prime Minister and associated policies will inevitably cause some to pause for thought, by continuing to offer our clients the correct advice in a timely and professional manner, whilst also providing exceptional service to potential buyers and tenants, we are extremely confident in our ability to navigate the second half of the year as successfully as we have this year to date.
As ever, if you would like any assistance or advice on either the Prime London sales or lettings market, please don’t hesitate to contact us and we would be delighted to help in any way we can.
