Лондонская недвижимость растет в цене

London property market still booming

This post was written by Rod Thomas

Location of the Month

London as a whole is almost always considered a safe bet for property investment. This isn’t at all surprising given the wealth of opportunities that the capital city offers. Investing in London requires considerable insight into the trends that are currently affecting the city.

At present, only 7 percent of the properties are one bedroom flats. This reveals a huge shortage of suitable accommodation. With the population of London likely to increase by an estimated 800,000 and many of these being single professionals looking for one bedroom flats, it is easy to see a potentially booming market for a buy to let investor.

Not only is the buy to let market seemingly strong, but the economic future of London is also looking bright and is encouraging yet more companies to move to the capital bringing with them yet more professionals looking for suitable accommodation. Over recent years, the GDP of London has grown by 4 percent, compared to just 1.5 percent in the North of England.

City bonuses are also rocketing and far exceeding inflation, thus fuelling the demand for quality accommodation either for rental or purchase. All of these factors suggest that London, despite the high purchase prices, is still clearly a good property investment opportunity, provided, of course, you choose wisely!