The London residential property market is definitely picking up steadily now. RICS comments in Property Week this on Friday indicate a steady improvement across the UK http://www.propertyweek.com/story.asp?sectioncode=530&storycode=3140593&c=3.
Most experienced commentators believe it either has or will bottom out between 25-30% below peak values with a recovery beginning later this year and real momentum by 2011. This would co-incide with the warm up to the Olympics in London and could well be one of the most profitable periods in recent memory for investors with cash available.
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