Tag: Chelsea
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Cash Buyers Drive London Prime Market
Cash buyers have been driving sales in prime central London, according to leading estate agency Savills. Despite concerns about rising interest rates and price sensitivity, there has been an increase in £10 million-plus cash deals this summer in prestigious areas such as Kensington, Chelsea, Westminster, and Knightsbridge. Wealthy buyers, who are not affected by rising…
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Inflation-Beating Buy to Let Hotspots,
The Daily Mail looks at the figures for returns generated by buy-to-let properties around the UK, and rounds up some of the best. Are you considering investing in buy-to-let property? With rising mortgage rates, challenging regulations, and a less generous tax regime, many landlords are finding it increasingly difficult to make a good return. But…
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Defying the Downturn: The Unexpected UK Towns With Rising House Prices
The Telegraph has a roundup of some UK property hotspots – Summary Conclusion: In simple terms, while the overall picture of the UK housing market might seem bleak, some specific areas are booming. This success is seen in both high-end locations like Kensington and Chelsea, and more grounded places like Clitheroe. The reasons behind this…
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London Prices – Is Your Area Hot or Not?
There’s a roundup of the best, and worst-performing areas of London for house prices in the Standard today. And some tips on what to do if you have to move soon. 1. Recent Mortgage Rate Rises The Bank of England’s recent increase in mortgage rates is impacting the housing market. Many properties have been listed…