London sales average only 43 days!

The average time to sell a property in the hectic London market is just 43 days, according to Rightmove, compared to 58 days in January.

The capital’s property market is well-known for being fast paced, but buyers are moving at double speed to secure their dream London pad. As asking prices fluctuate, it seems that people will do anything to make sure they lock down their deal.

The average asking price in the capital is currently £644,088, an increase of 10.8% over the past year, however first time buyer hot spots such as Croydon, Dartford and Luton have seen increases of more than 18% since April 2015.