Four reasons to choose London property

With the improvement of people’s living standards, more and more people are beginning to plan to immigrate to the UK. So why is London real estate so popular? Follow along and take a look at four reasons to choose London real estate. Welcome to read .

1. Unique urban charm

London’s cosmopolitan culture and rising numbers reflect London’s global appeal. Despite the uncertainties ahead, London remains the world's best property market due to its unique charm.

Each neighborhood in London has a unique character, which is also its unique selling point to attract property buyers: such as Brixton’s traditional market; Kensington & Chelsea’s gray and white buildings; Pimlico’s independent shops; Clapham Common’s energy Gives people a soothing pace of urban life.

Since urban homes cannot provide more space, they usually lose out to rural or residential towns. Therefore, whether it is a basement, an attic, proximity to a park, a garden, a terrace, a garage, or an off-street parking space, they are all unique selling points worth showing off in British real estate, and they are also what urban buyers crave.

Because these valuable extra spaces not only provide buyers with room to breathe, they also provide potential room for appreciation in property value.

2. Less risk, more reward

Although buying a house in London has a strong appeal in itself, sellers now need to do more to promote their properties and neighborhoods. Only by doing the job can you get the best price. The mortgage market is strong as base interest rates remain low, and the completion of a number of London developments is adding to the stock of homes in the market. These factors have laid the foundation for this year's real estate market activity and demand.

With the arrival of spring, the comprehensive recovery of the real estate market is about to begin. Some undeveloped low-lying areas with high growth rates will take center stage, while smaller properties will attract young professionals and some buyers who are downsizing to smaller properties.

3. Points of growth in housing prices

London, known for its entrepreneurial and innovative spirit, is a city that is changing rapidly 24 hours a day, but the growth factors that affect London’s housing prices rarely change. , including employment rate, supporting facilities, whether there are high-end supermarkets such as Waitrose nearby, etc. But the biggest factor affecting property values ??is transit-led upgrades.

Over the years, the planning and upgrading of London’s major transportation projects have been fed back to the market in the form of substantial capital competitive growth. In particular, the Elizabeth Line Metro Rail, which has entered the final stage of construction, the Crossrail 2, which has just been planned and approved, the Metro Northern Line extension project, and the Metro Balerloo Line extension project. As these projects progress, areas with new rail transit have also seen rapid growth in house prices, such as Battersea, Clapham and Kennington.

In London, a city with extremely developed rail transit, proximity to any subway is the basis for maintaining the value of real estate. When selecting properties, buyers should pay special attention to large-scale rail transit projects that are newly built or under construction, as the dividends they release far exceed the growth in house prices in the general market.

IV. Healthy living space

The factor "health" is difficult to define, but it will have a huge impact on the saleability of real estate. Buyers will choose properties based on their own preferences, and in such a competitive market it’s important to pay attention to trends.

As people become more and more concerned about living in a "pleasant place", new properties are currently exploring their "healthy" attributes. To put it simply, people are paying more and more attention to the harmony and balance of their homes, including overall lighting design, calming color combinations, designated quiet spaces, fitness facilities, and more integrated outdoor spaces.

For many property owners who expect to increase the value of their properties through renovation, when redesigning and decorating their properties, they need to pay attention to the harmony and unity of the overall environment and pay attention to current trends, even if they adjust their own plans.

5. Smart Home

From home theater systems, audio systems to intelligent lighting design, smart home technology systems have become a necessary option to add value to real estate investment in 2017. , approximately 80 million new smart devices were installed around the world, an increase of 54% compared to 2016. As the next generation of "digital age" buyers begin to enter the real estate market, how to meet the exquisite lifestyles of these young people has become a concern for the entire real estate industry and existing owners.