Smart UK and international property investors are keeping their eyes on the residential property market in London as the current housing shortfall is likely to result in significantly house prices increase over the next few years.
With the broadest super-prime residential market and a private rented sector strong and consistent, London has always been a safe haven for property investors. However, property market analysts fear that fast-rising house prices driven by international investment might cause a housing bubble in the capital.
The demand for luxury properties in London’s super-prime postcodes of Chelsea, Belgravia, Mayfair, Knightsbridge and Kensington is constantly increasing; hence developers are focused in building high-end properties instead of affordable houses.
1st Asset is an award-winning property agent with expertise in selling and renting the most luxurious real estate in Central London on behalf of UK and international high-net-worth private clients. Our experienced team are always up-to-date with the market trends and property prices; therefore they can assist you if you wish to purchase a property at this favourable time for property investment in London.
Source: The Telegraph