Main news

Sellers of real estate in England is not going to reduce prices

199Views

On the real estate market in the UK less real estate, which reduced the price.

Apartment in London Luxury prestigious index W9 £1300000 -our exclusive offer

The fall in the number of luxury properties in the UK, which reduced prices, should be seen as a positive sign that the market is moving towards recovery. The investment proposal . Apex

The latest data from the company PrimeLocation showed that the decrease in real estate prices cost from £ 1 million has decreased from 27% to 18% over the past 12 months, the lowest figure for the last 3 years.

The average reduction of prices for elite real estate in the UK is now about 8.7% . The commuter town of Rickmansworth in Buckinghamshire who now heads the list of places where the highest percentage reduction in the price of the original is observed on the property from £ 1 million in the absence of buyers. In contrast, only 4 percent of sellers of luxury real estate has reduced the price of the island of Guernsey .

 

The smallest decrease in property prices between £ 1 million on the proposal can be found in the town of Walton on Thames, where the number of objects with a reduced price equal to approximately 4.3%. , followed by Guildford with the price of 4,2%, which suggests that homeowners in these regions are less prepared to go to auction and lower the price to attract buyers. On the other side of the spectrum are homeowners in bath and Edinburgh, where the mood is less bullish and sellers were ready to lower their expectations much more than anywhere else in the UK currently.

Generally, the real estate market in the UK, especially the elite real estate of London and the South-East coast, exists by its own laws, and in recent years, the economic downturn, not only in Britain but throughout Europe, he, oddly enough, demonstrated activity, ignoring the natural economic processes. However, discounts apply to this market. Real estate investment in London. New Capital

The fact that over the last 12 months number of elite objects in the UK, which was much reduced price have been sporadic, says that sellers in this market feel great, much better than a year ago.

® Maxim Savitsky. 04.06.2013 g.

 

 

Leave a Reply