Samir Salya on why London property prices are set to continue their slide

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Experts agree that house prices in London will keep falling, as the market has just suffered its worst month since the post-financial crisis year of 2009. Lots of reports are showing the capital’s housing market as experiencing its worst time in almost a decade, and surveyors expect this to continue. It looks like prices will ... Read moreSamir Salya on why London property prices are set to continue their slide

Samir Salya on the challenges facing London property investors

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London has always been one of the strongest property markets in the world, but it’s now facing one of the toughest times in its history. Making a profit is becoming increasingly difficult for property investors in London, as prices are falling, and the political and economic climate are continuing to display uncertainty. Recent figures Recent ... Read moreSamir Salya on the challenges facing London property investors

Samir Salya on London’s first annual fall in house prices since 2009

London Street and Red Bus - Samir Salya
It’s official, London’s house prices have recorded their first annual fall in almost a decade, according to government records. The figures also show increases in every other region of the country. In the latest of many signs that the capital’s property market is slowing, the report from the Office of National Statistics (ONS) shows that ... Read moreSamir Salya on London’s first annual fall in house prices since 2009

Samir Salya on Overseas Investment in London

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With recent changes to the London property market, sales in the region have dropped in recent months. The uncertainty of Brexit and recent changes to Stamp Duty are serving as main detractors, being particularly seen among local buyers. With the fall in competition and prices, more overseas investors are investing in the London property market. ... Read moreSamir Salya on Overseas Investment in London

Samir Salya on Luxury New-Build London Flats Failing to Sell

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With Brexit uncertainty on the horizon and the hike in stamp duty for second homes coming into place, many rich overseas investors are turning their backs on the UK. This is particularly affecting the London property market. According to property data experts Moloir London, more than half of the luxury apartments built in London last ... Read moreSamir Salya on Luxury New-Build London Flats Failing to Sell

Samir Salya on the Stagnation of London House Prices

As the effect of Brexit begins to be felt, the move could dramatically hurt the UK economy. This is having a monumental impact on the London property market, as the weakening pound and the unstable future of the UK are leaving buyers uncertain about purchases. In Bloomberg News’ recent survey of 14 economists, 10 cited ... Read moreSamir Salya on the Stagnation of London House Prices

Samir Salya on the Reversal of London’s Property Prices

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While London property prices have seen a rapid increase in recent years, 2017 saw a pricing drop for the first time since the banking crash of 2009. With the sharp slowdown in the market, the long-standing property boom in the capital has ended. Fall in prices The average price of a home in London fell ... Read moreSamir Salya on the Reversal of London’s Property Prices

Samir Salya on Elements Influencing London Property in 2018

Busy London Street - Samir Salya
Moving on from the turbulent year of 2017, London’s property market looks set to move towards more stability and success. Though still trailing behind the UK’s upturn, recent changes have allowed more flexibility to the market. There are several factors that could help boost sales in the capital this year. Low-interest rates The interest rate ... Read moreSamir Salya on Elements Influencing London Property in 2018