Context as at March 2026, lightly updated October 2026. Market conditions change; treat this as background, not a forecast.
Drivers worth watching
- Interest rates. Mortgage costs affect domestic demand, and domestic demand underpins liquidity even for cash buyers.
- Tax. Changes to SDLT, the treatment of non-domiciled individuals and property taxes have affected sentiment at the top of the market. Check the current rules before buying.
- Rental regulation. The Renters' Rights Act changes how private lettings work in England and affects landlords' costs and flexibility.
- Supply. Prime central London has limited new supply; some regeneration areas have a great deal. Supply in the immediate area matters more than city-wide averages.
- Currency. For buyers holding US dollars or Gulf currencies, sterling's level changes the entry cost — in either direction, including over the holding period.
Risks to weigh
Prime central London values have been volatile, and in real terms many have not regained earlier peaks. Higher running costs and regulation reduce net income. Off-plan purchases add construction and timing risk. And published forecasts are opinions, not commitments — CM2 does not base recommendations on them.
What this means in practice
The useful question is not "will London go up?" but "does this specific property, at this price, fit my objectives, horizon and tolerance for risk?" That is the question CM2's acquisition process is built around.
CM2 operates on the buyer side while receiving compensation from participating developer partners, including Aldar Properties and London Square. Buyers are not charged a fee by CM2. This article is general information, not legal, tax or financial advice. Figures may be indicative, availability can change and projected yields are not guaranteed.