New deals in London

The real estate market in England is quite conservative. The main difficulty lies in the need to pass each transaction through aml-procedures. Anti-money laundering, which translates as "anti-money laundering", is a series of checks on the buyer and his sources of income. This procedure takes about three months. During this period, the seller may change his mind and the buyer may find another option.

Nevertheless, our London office continues to increase sales volumes: last month we signed four deals, and this month we plan to close six more.

This Monday our broker Anastasia Derkach sold a two-bedroom apartment in Chelsea to a client from Greece for £1,175,050. Congratulations to Anastasia on a successful transaction.