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Samir Salya on Central London’s Property Slump

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In recent years, the property market in London has been experiencing trouble. According to data from real estate agency Knight Frank, these problems won’t ease anytime soon. Property prices in central London have declined by 1.1% in the first 2 months of this year, while average annual rental values fell by 1.5% in March. With ... Read moreSamir Salya on Central London’s Property Slump

Samir Salya on the Falling Price of Luxury Property in London

Due to recent uncertainty in the UK, from political to financial, London’s property market has seen tough times over the last few years. With price falls being seen across the capital, both the rental and the buying markets have been drastically hit. The luxury sector is now starting to feel the pressure of the city’s ... Read moreSamir Salya on the Falling Price of Luxury Property in London

Samir Salya on London Property’s Decline as Brexit Hits

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While it has been expected for months that London property would face trouble following the Brexit referendum of 2016, the extent of this has been revealed. According to figures released by Your Move, one of the UK’s largest estate agency chains, house prices in parts of London have fallen by as much as 15% over ... Read moreSamir Salya on London Property’s Decline as Brexit Hits

Samir Salya on Norway’s Risky Backing of London Property

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Norway’s sovereign wealth fund – the largest of its kind in the world – is backing the London property market to survive the recent troubles to its market. Troubles plaguing the capital are still yet to be resolved, with the future remaining unclear. With the so-called Brexodus – the name given to the mass exodus ... Read moreSamir Salya on Norway’s Risky Backing of London Property

Samir Salya on The Potential of London’s Property Market

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While there’s no doubt that the London property market has been through tough times, there is still potential in the market that must not be overlooked. The biggest worth The London property market is the highest performing and valued area in the UK According to figures released by property evaluation company, Zoopla, the market is ... Read moreSamir Salya on The Potential of London’s Property Market

Samir Salya on the End of London’s Property Boom

London has seen unprecedented growth in recent years. Decades of runaway growth saw the average house price in the capital grow from £257,000 in 2006 to £474,000 in 2016. However, due to the rising problems facing the London property market, the property boom has finally come to an end. Moving away from growth Speaking in ... Read moreSamir Salya on the End of London’s Property Boom

Samir Salya on the Big Discounts Being Seen on Top-End London Property

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With uncertainty in the London property, political and economic sphere being witnessed, top-end property prices are paying the price. High-end homes in central London are selling at the biggest discounts in more than a decade. This continues as sellers set ambitious prices despite the declining market. Confident buyers taking control As the property market shows ... Read moreSamir Salya on the Big Discounts Being Seen on Top-End London Property

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 rising Deposits for London’s First Time Buyers

While the London property market’s future remains uncertain, the future of house deposits looks to be more certain. According to a new report by L&C Mortgages, deposits for first-time buyers will continue to increase and could rise as high as £250,000 within the next 10 years. Deposits on the rise Over the past 5 years, ... Read moreSamir Salya on rising Deposits for London’s First Time Buyers
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