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BARBICAN LIFE


increase in available property towards the end of the year after the Olympics' causing a slowdown in prices.”


Lettings Scott City: Jack Davison- 'The rental market has been rather subdued throughout the first half of 2012. May looks to be more encouraging, as a slight increase in demand has been welcomed. Barbican properties, as always, are at the top of prospective tenants’


lists. Studios and one bed


apartments continue to attract the bulk of clientele, while two bedroom flats are having no such luck. Rental growth continues to rise from 2011, on an average of 5%.' Hamilton Brooks: Glen Cook


notes that the lettings market remains pretty tough, the demand from the corporate market has dropped by roughly 20%, but having said that the key is presentation, nicely presented, with natural colours/furnishings/ curtains then a let will easily be achieved. I think over the next 6 months


corporate activity will decrease further due to the worsening Euro situation, so again going back to presentation will be even more important. So far we have not seen any great increase in activity


from the


'perceived' Olympic effect. Frank Harris: Lettings specialist


Because of these 2 factors, prices


will and are going up, record prices are being achieved daily. We have 4 flats generating record


prices proceeding to exchange as I write on apartments in Gilbert House, John Trundle Court, Bryer Court and Defoe House. I think a lot of potential sellers are


waiting till the Olympics or just after, in my opinion that's the wrong strategy, as lots of others are doing the same, which could drive prices down. I also think that the Euro news in the


last 2 weeks should speed up sellers minds, if you are going to sell this year or next. I would do it now, I fail to see how


the market can keep going up bearing in mind what might and probably will happen in the financial markets in the next few weeks/months, whatever does happen, it won’t be good.” Scott City - Nick Scott comments “We


continue to see lack of supply in the Barbican for property For Sale. This shortage of supply is allowing us to achieve the highest prices ever achieved in the Barbican and I can only see this continuing while stock remains low. We may see an


Ian Swale says that the Barbican is attracting new applicants all the time particularly those who are potentially looking to buy but want to try the lifestyle and look at different styles of flats before they commit.


The Modern House is a specialist estate agency dedicated to the sale of 20th and 21st century homes of architectural distinction. Due to strong demand, we are currently looking for Barbican apartments and other properties of architectural interest to offer for sale.


If you are thinking of selling, or you would like to learn more about the homes that we sell across the UK and France, please visit our website www.themodernhouse.net or call Matt Gibberd on 08456 344068.


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This unusual Type 56 3- bed/2 bath apartment in Defoe House is on the market from Frank Harris at £1million


3 bed tower flat in Cromwell Tower, available for rent at £750 p/w from Scott City


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