Blog Post No. 148
Prime Central London Property Market Update Q1 2023 – Who Is Buying at the Moment?
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Join us as we delve into the latest news on the property market in Q1 of 2023! The prime central London property market is one of the most dynamic and sought-after real estate markets in the world, attracting a wide range of buyers from across the globe. As we head into Q1 2023, there are several trends and factors that are likely to be influencing the market.
We discuss these topics with our guests, Tom Bill, Head of UK Residential Research, Marcus Dixon, Director of UK Residential Research at JLL, and Liam Monaghan, Managing Director of LCP. We ask them about their predictions for the property market, whether activity has already started or if it is waiting for the “new normal” to settle in, and where the demand for property is coming from. The guests provide insight into their own areas of expertise and experience, with a focus on overseas buyers and new and old wealth.
Marcus Dixon is the Director of UK Residential Research at JLL, where he leads a team focused on generating fresh housing market insights to bolster the growth of the residential business. With over 18 years of residential research experience, Marcus previously worked at LonRes as the Head of Research and Data Analysis, where he established the research department in 2015.
Liam Monaghan is an expert in the Prime Central London property market, with almost 15 years of experience. As the Managing Director of LCP, his knowledge is a valuable resource for clients looking to buy or refurbish properties in the Private Rented Sector and Homeowner markets.
Tom is the Head of UK Residential Research at Knight Frank, where he leads a team that produces reports such as the Super Prime London Insight, London Residential Review, and the flagship Prime London indices. With a background as a former Bloomberg and Reuters property journalist, Tom has contributed to various reports such as The Wealth Report, Active Capital, and Global Cities.
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