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Central London estate agents see strong international demand
2 pages
Published by
smithjohnson34
Central London estate agents see strong international demand
Despite a general slowdown in the UK property market, central London estate agents are still
witnessing a high level of demand for properties in London, particularly in Prime...
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Central London estate agents see strong international demand
Despite a general slowdown in the UK property market, central London estate agents are still
witnessing a high level of demand for properties in London, particularly in Prime Central London where
there is a high level of activity among international homebuyers, pushing property prices higher in the
process.
The latest figures supplied by Knight Frank show that the average price of Prime Central London
residential property rose by 0.
9% in January on the back of greater inquiries for property for sale in
London.
This latest increase pushed the three-month rate of growth to 2.
7%, the highest rate since July
2011.
Annual growth now stands at 11.
9%, with prices rising 42% since their post-Lehman low in March 2009.
Capital appreciation has also been driven in part by a hike in activity among property investors looking to
take advantage of higher rental returns on the back of greater demand for property to rent in London.
Da
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agents,
central,
cluttons,
demand,
estate,
growth,
high,
international,
investors,
knight,
level,
london,
market,
part,
prices,
prime,
property
