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General Election Slows Property Market Down

Its half way through January and the office agency market in central London is about to get going after the long Christmas break. There is generally a positive outlook for 2015 with base rates expected to stay a consistent 0.5% for half the year (the lowest ever recorded) and continuing below 2% for the remaining 6 months. Oil prices are staying low, wage growth is anticipated and people will have more money to spend.