The London property market has long been a global investment hotspot, attracting large numbers of buyers from within the UK and overseas. London has consistently lead and influenced the UK housing market, and has shown significant resilience and strength over the past few years, emerging from the recent financial turmoil with renewed vigour and fight.
London is a leading global city and is the world’s largest financial centre, having the largest city GDP in Europe and being home to the headquarters of more than 100 of Europe’s 500 largest companies.
London has the most international visitors of any city in the world, however in recent times due to Brexit uncertainty and high levels of stamp duty tax, investors have been primarily focusing on commuter belt towns outside of London for professionals seeking more affordable properties where they can access London easily by train.
Savvy buy to let investors are taking advantage of record low interest rates and focusing on high growth areas such as Croydon, Essex, Milton Keynes and Luton where prices are going up rapidly as result.