The Summer Lull
The month of August is notoriously slow, the market grinds to a halt as seemingly every agent vacates London to sip Pina Colada’s poolside. At Morgan Pryce we have mixed views about this time of the year. Fraser Williams is often heard claiming he doesn’t go on holiday over the summer period, “as it is a great time to pick up cheeky deals.” The logic behind this is simple: there is less competition so you are likely to secure the building at a better deal; but only if you can actually complete the deal before everyone returns in September.
