Buying agent and property pundit Henry Pryor has predicted “significant” redundancies and branch closures in the London market. He said many agents are “on their knees”.
Yesterday, Pryor tweeted: “We’re going to see some significant redundancies and some well known brands closing down in London at this rate.”
Pryor told EYE: “Many agents I speak to are on their knees.
“There is a market but it’s not big enough to support the number of mouths that need to be fed. It’s pretty bleak for many.”