Autumn Property Review

Hardly a day goes by when luxury property doesn’t make the national news in one way or another and there is no escaping the summer market has been a big struggle for all agents.

Fallout from the General Election, December’s stamp duty increase and China’s global economic uncertainty has had an effect on potential buyers. Wealthy investors from Russia, China, the Middle East and Asia have always been key players in London property investment but with the devaluation in China’s currency they have taken a back seat.

According to Lonres, the agents website, only ten houses in SW1W or SW1X have sold in the last 6 months between £5 million and £10 million with Wellbelove Quested selling one of them. Without doubt the phone has been ringing less in the office - that’s nothing unusual for August – but we have still been doing some exciting deals.

Brompton Square, Knightsbridge - SOLD

We have had a cracking result in the sale of a freehold four-bedroom house in Brompton Square, Knightsbridge and exchanged contracts within SIX AND A HALF HOURS after the purchaser made an acceptable offer. Surely this has to go down in the 2015 record books as the fastest exchange this year!

In another exciting development, which we remain tight lipped on, one off-market property has stirred up phenomenal interest with offers millions of pounds over the asking price, showing there are still plenty of investors out there willing to invest in London. After all, if you cant invest in our capital city, where on earth would you want to! We may be on a rocky path but London will always be a safe haven for purchasers.

The Wellbelove Quested office ready for the Rugby World Cup

Meanwhile, the office has been injected with every colour under the sun as the flags belonging to those countries playing in the Rugby World Cup adorn our walls. With the England vs Fiji match three days away, we are ready and waiting to cheer on Robshaw and his team. Come on England!

"The problem with dealing with some of the bigger name firms is complacency - dealing with the inefficiency has always been frustrating. Grant has always worked hard over the 17 years that I have known him to speed deals along and to get them completed. Basically he gets off his backside to get things done!"

Ko Barclay

"Wellbelove Quested - A Bespoke Boutique Real Estate Agency Offering Exceptional Customer Service

Investing in an apartment in London can be an incredibly complex, time-consuming, stressful, and expensive process. With property values varying dramatically every few hundred meters, assessing the future potential of an area is no easy task. The process is further complicated by the need to coordinate solicitors and surveyors, not to mention fierce competition from other buyers and sellers—some of whom may back out even after a handshake agreement. It requires significant time, effort, and patience to navigate the property market and make a smart purchase, something I didn’t have in abundance.

Fortunately, I had the privilege of working with Grant Wellbelove and his team at Wellbelove Quested. After communicating my budget and preferred areas, Grant provided invaluable insights into which neighborhoods were worth considering and which streets offered the best investment opportunities. He quickly curated a list of properties that matched my criteria and, using historical pricing data, suggested optimal negotiation strategies.

Once we agreed on a shortlist, we spent two days negotiating and narrowing down options, and within 48 hours, we submitted an offer on a property in St. John’s Wood. From that point on, Grant expertly managed the process, mobilizing and coordinating a highly professional surveyor and solicitor’s office to ensure everything proceeded smoothly until the completion of the sale.

I cannot imagine successfully making this purchase without Grant’s expertise, professional approach, and around-the-clock support. We are incredibly grateful and wholeheartedly recommend his services.

Dimitrios Moulavasilis"

CEO, Diaverum

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