Rental prices of Prime London property will rise by 2.5% in 2015

Rental prices of residential luxury properties in Central London is forecast to grow 2.5% this year. Against the background of uncertainty in the market sale ahead of the General elections, there is growing interest in market rent.

The latest data from real estate agencies showed that in the 4th quarter of 2014 was concluded 2093 agreement on rent, which is above the peaks reached in 2007.

In 2015 , the expected increase in activity from tenants in residential luxury real estate in Central London at a slow but steady growth in rents.

The market rent of elite real estate of London receives more objects that were the subject of investment in the past year, at the same time, many families are not in a hurry to buy property now , trying to wait for certainty in taxation of this sector of the real estate market. Prefer lease purchase – this act sometimes becomes the last chance of the tenant to get housing in the right place when real estate prices rose to fantastic quantities and the market suffers from an insufficient number of proposals. Meanwhile, it is expected that in the coming months on the rental market will be a sufficient number of elite real estate of London.

On average in the rental market of elite real estate of London was signed 12000 lease agreements in 2014. For comparison – in 2009, about 10,000. The number of people who choose to rent, is growing – people are rightly appreciate the flexibility that gives a lease of residential property.

The market of purchase and sale of ultra-expensive housing is in anticipation of the 2015 General elections. A particularly strong influence feels the property in the range of £5 million in respect of which it is expected the introduction of a “mansion tax” property Owners cheaper £2 million feel quite calm, as they will not affect the “mansion tax”, a new scale of Stamp duty , which was introduced in December 2014, has brought about changes in the pricing policy of sellers.

® Maxim Savitsky 13.02.2015 g

LEAVE APPLICATION FOR SELECTION OF REAL ESTATE

ALBERT COURT, PRINCE CONSORT ROAD SW7 – £3,950,000

BERNERS STREET, FITZROVIA W1T – £1,995,000

BROMPTON ROAD, KNIGHTSBRIDGE SW3 – £ 5,950,000

BROMPTON ROAD, KNIGHTSBRIDGE SW3- £1950000

FITZJAMES AVENUE, WEST KENSINGTON W14 – £ 2,300,000

HANS COURT, HANS ROAD SW3 – £ 13,950,000

HANS PLACE, KNIGHTSBRIDGE SW1X – £ 14500000

HENRY MOORE COURT, MANRESA ROAD, SW3 £ 12,000,000

IMPERIAL CRESCENT, IMPERIAL WHARF SW6 – £ 4,550,000

KENSINGTON SQUARE, KENSINGTON W8 – £ 7,000,000

MONTPELIER MEWS, KNIGHTSBRIDGE SW7 – £9,500,000

ONE HYDE PARK, 100 KNIGHTSBRIDGE SW1X – £5,600,000

SLOANE STREET, KNIGHTSBRIDGE SW1X – £ 12,950,000

THE KNIGHTSBRIDGE, LONDON SW7 – £ 2,950,000