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Why Invest in London?
London takes home the headquarters of some of the largest banks, such as Lloyds Banking Group. Making London one of the safest places to live and invest in economically. It has been predicted that the increase rate of the economy in London, is faster than cities like New York and Paris. London has also been considered to become the fourth largest economy in the world by 2020.
Tourism is also an important aspect which majorly contributes towards the economy, with the city of London taking home some of the most famous attractions. It also takes home to many attractive and popular markets, which are famously known. Alongside this, London provides employment for approximately 400,000 workers, which shows no signs in slowing down due to the city completely outperforming the rest of the UK.
Statistics have also shown a fast increase in the rate of property prices in London, making it the fastest rate than any other region within the UK over the last decade. As a result of this London are finding the rent sector is increasing at a faster rate than house prices, by a 4.1% increase since April 2015. This is due to the city of London offering some of the most luxurious developments to invest in.
There have also been many excellent investment schemes put in place for public transport across the city. This has drastically helped improve the connectivity of the city, which has resulted in the property prices increasing across the city.
Overall, London offers a great investment opportunity which caters for all markets. From providing luxurious and central buy-to-lets to developments situated close to universities, makes London an attractive investment.
Published: 13 December 2016Property prices in the South East of England have been increasing at a faster rate than the capital. This is due to a higher percentage of the population demanding to live in commuter towns such as Luton.
Published: 30 September 2016Royal Victoria Residences is a stunning new development of stylish apartments, perfectly located within easy walking distance of the new £1bn Asian Business Port development in London city centre.
Published: 26 September 2016Since the results of Brexit, overseas property buyers have seen the potential in London house prices and are investing heavily in London properties. Leading to no signs of the British property market falling.