Thursday, 24 December 2009

London Property Defies The Odds

Many property advisors may be adamant that the UK property market will enter into a year of static property prices during 2010; however others believe London property investment is set to flourish in more ways than one.

Discussed during their property forecasts for the coming year, many property advisors felt that Central London will once again become the strongest property source in the country, bouncing back harder and faster than any other area.


Some on the other hand, are even going as far as to say that London property prices will hit similar highs of the property boom of 2007.

Looking at these figures it is pretty clear that London is a force unto itself…

Even when the credit crunch first hit, the London property market reacted differently to the rest of the UK (a fact that some would argue is because London works on a completely different economic cycle compared to everywhere else).

Densely filled with businesses, wealth, the financial sector and some of the most expensive properties in the country, it was one of the first areas to experience dramatic property prices fall at the beginning of 2008.

Yet it would seem that history is about repeat itself, but this time in reverse…

Original Article

More About the Author

Image of Peter FranklinPeter Franklin, Property Mentor Delegate
I used to believe stocks and shares were the only way forward, yet after 15 years of property investing, neither of these can compare with the sheer velocity or impact that property investment can have on your bank account. Only with property can you truly experience the power of being in control of immediate cash flow AND capital appreciation. Stocks and shares simply cannot compete. Read more

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