London estate agent, Arlington Residential has enjoyed a flurry of sales activity in the weeks leading up to Christmas achieving total sales in excess of £25 million.

Director, Marc Schneiderman at Arlington Residential said: “This is not unusual as buyers are motivated to conclude a purchase this side of the year to avoid going into a new year still searching for a home.  At such a busy time, buyers are relieved to agree a deal before Christmas and to have found somewhere to buy.”

Among the property sales, Arlington Residential has transacted is a period house in Regent's Park and a flat, sold for circa £6m and £3.25m respectively, a family house in St John's Wood achieving circa £3.8m and another house in Highgate at £4.25m; a rental investor purchased a portfolio of eight flats.  With one exception, all the buyers were English and UK based underlining the strength of the domestic market.

Marc Schneiderman comments: “Although it has been a difficult year for London's property market with the overall volume of sales reduced in a stagnant sales market, this burst of welcome activity highlights that there are deals to be done if you understand the prime market place. Proof that London remains a very desirable strong city for domestic buyers and overseas investors.”

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www.arlingtonresidential.com

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