Property in London South East will be the most in demand in the coming years

South-East London promises in the coming months to become the most sought after area of London as terms of the sale and terms of lease of residential property. Such areas of London as CanaryWharf and Greenwich, for several years, are in high demand from Londoners and foreign investors. Now the interest of buyers to less expensive areas located to the South and East.

There has been a noticeable migration of customers from the more expensive Western and Northern districts of London to the South-East. . The reason for this is primarily a good balance quality/price offered in this district.

Many members of London’s business centre city find attractive районCanaryWharf. Young professionals and well-paid clerks choose CanaryWharf due to the large number of trendy shops, upscale restaurants and bars operating in the area.

Families love this area due to the excellent local schools and good transport links.

According to preliminary estimates of specialists of the real estate market, rising prices for apartments in London in the South East exceed the average for London in 2015 . To these arguments , stimuliruet rising prices, and added to the launch of high-speed Railways Crossrail.

Will continue to attract buyers ‘ attention areas ‘Blackheath and Greenwich, but it is expected that the biggest increase in apartment prices in London are expected in 2016 for properties around Lewisham (SE13) Charlton (SE7), Woolwich (SE18), Plumstead (SE18) and AbbeyWood (SE2) that still offer prices much cheaper than in Greenwichи CanaryWharf.

Buyers will appreciate the excellent quality of housing offered in these areas and a good difference in price than in North-West London.

In South-East London is good and the market rent. In the areas of Greenwich иBlackheatарендная fee for apartments with one and two bedrooms grew by 18%, primarily due to increased demand from tenants of the city and CanaryWharf, where prices are too high.

High rental demand observed since the beginning of 2014 in the areas of Shoreditch and Aldgate, where over 2014, rents rose by 20%.

The gain of the London rental market is expected before the elections of may 2015, because many buyers and sellers choose a wait that always plays into the hands of the rental market.

However, there are serious grounds to believe that the favourable situation in the rental market will not last long. If you come to power, the labour party, perhaps the introduction of increased fees to the Agency, the mandatory conclusion of a three-year lease agreements, and other unpopular measures that will have a negative impact on the market.

® Maxim Savitsky. 11.03.2015.

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