I was recently asked if summer is a quite time for the London Property Market.
I would say 90% of the business I do is off market, where time and budget are not important and so the timescale of a sale can be much longer. As a result, those properties that are sold off market are often done so because the owners do not want to be seen to advertise their property for six months or longer, which can often be how long a property takes to sell at this level of the market, due to different motivations amongst the buyers.
At the very top end of the market, say over £10million, most of the activity is conducted in this way, but the way buyers operate is very different from the conventional market.