House & Houses for Sale in London. Call Tex Johnson on: 020 7175 0103. Visit: http://www.havicusgroup.com.
London has got a thriving property market and many areas in the capital have had lots of regeneration carried out over the last couple decades or so. There are many fast paced and vibrant areas that make up this capital city. Not to mention the rich mix of cultures and variety of people that makes up London and Londoners. The one major problem with choosing property in places such as Stratford is that often the average buyer would need to spend six times their earnings to secure a house in the area. Don’t let yourself be surprised to find residences and homes in spots including Stratford where a person or couple must devote as much as 12 times salary to obtain a property.
Some economists and property professionals argue that planning restrictions are a major factor behind the rise in selling prices, since 70% of the price of building new properties is the purchase of the land. Some others blame overseas developers and investors for driving the prices of homes way over and above what Londoners can afford. With that said, there are some stunning houses to be found in all areas of London and if you can raise the funds for it then it would definitely be a fantastic long term investment.
House & Houses for Sale in London