The UK property market has remained resilient throughout 2021, despite the challenging year. The stamp duty holiday and “race for space” has caused a surge in buying and selling. And the London property market has also felt the effects of this. Here we’ll dive into some of the factors impacting the UK and London property markets and what the predictions are moving forward. We’ll also include a...
The London property market has enjoyed one of its busiest periods in the first half of 2021 for both sales and lettings. The number of properties sold and properties let hit record levels. Chestertons data and research published in the latest London Residential Property Market Report shows that the past three months in particular have been even busier than recent averages. Sales market Recently,...
Canary Wharf: The Expanding Property Investment Hotspot of East London Traditionally, East London has been predominantly an industrial part of the capital. It’s previously been synonymous with abandoned warehouses and derelict docks. However, in recent decades, this part of London has undergone dramatic changes with transformative regeneration. And the focus of the capital as a whole is shifting to...
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What does the Leasehold Reform (Ground Rent) Bill mean for property investors? In recent years, there has been much talk and speculation over leasehold reform in the UK. A ground rent cap in particular has been a significant part of the discussion. On 12 May 2021, the Leasehold Reform (Ground Rent) Bill was officially introduced to Parliament. If the bill gets approval, it will bring forward...
With an increasing number of people entering the buy-to-let market in the UK, there are a number of rules and regulations to be aware of. And as there have been recent changes in the private rented sector, landlords need to ensure they remain up-to-date on the latest changes. Here are the top five things new landlords must know about legislation within the private rented sector. 1. ...
West London’s village neighbourhoods offer the kind of lifestyle that’s hard to find anywhere else. Rubbing shoulders with high-end brands, avant-garde art and Michelin-starred restaurants, you’ll find vintage shops, family-run cafés and offbeat cultural venues. Notting Hill Carnival may have put the area on the map, but look a little deeper and you’ll find a host of hidden gems like independent...
The London property market enjoyed one of its busiest ever periods in the first three months of 2021 for both sales and lettings, despite the country being in its third national lockdown. Chestertons registered 37% more buyers compared to the previous three months, to reach its highest first quarter of the year since 2014 , and 21% more sales were agreed; the highest that Chestertons has ever recorded in...
The best places to invest in London property this year, where the market has remained remarkably resilient with consistently high demand.
Have you started searching for UK properties, but not sure of the steps for international buyers? Before you start the buying process, download the ultimate guide to buying your first London property which includes answers to most popular questions, including: Can foreigners buy property in London? What is Stamp Duty Land Tax? How much are legal fees? As well as guiding you through the buying...