Nothing new under the sun in the London property market

Parents will always stretch to buy homes within the catchment area of good local schools - there's hardly anything new about this! So we're underwhelmed to read in the Daily Telegraph that "House Prices Soar Near Top London School".

From the article it appears that for now it's only the asking prices have soared - again hardly a new story. There's no news on whether any have actually sold. Full marks though to this particular London estate agent's PR team for placing this particular story.

Chard estate agents in London are finding that there is alot more stock coming on to the market and buyers know it. Vendors are acutely aware that prices need to be realistic - which is why we are seeing more property now being sold than at any time this year.