London Property: Buying & Renting
Getting involved with property in London - in any way - can be both daunting and challenging.
London property tends to behave very differently to the rest of the country, whether you’re looking to buy, sell or rent.
There are many factors that cause this, so we’re going to cover them in the following articles.
First of all - to state the obvious - property in London is faced with immense competition.
Property can go up for rent in the morning and be snapped up by the evening before you even have a chance to view it.
Whereas in somewhere like Yorkshire, a property can stay listed for months on end.
London property is in high demand from everyone, from students looking for a place to rent, all the way up to foreign billionaire investors who want to place their money into something that they know will increase in value.
This brings us onto the costs. Buying or renting in London costs a lot of money.
While some areas are more expensive than others such as Kensington, Belgravia and much of West London, pretty much every part of the capital demands higher rates than elsewhere in the country.
Living in London comes with a range of pros and cons which are different for everyone.
Something that is a benefit to a family might be a hindrance to an early-20’s student, and vice versa.
Regardless of who you are or what your budget looks like, doing your research on the property market in the UK capital will help you out.
Articles in this section provide guidance on the London property market, from buying and renting to information on the London lifestyle.