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

Big Ben Behind Underground Sign - Samir Salya
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

Samir Salya on prime London property market’s continued success

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With issues such as Brexit and previous stamp duty changes affecting interest, the London property market has slowed in recent months. But despite these concerns, property in prime areas of London have continued to show strength. With locations including Notting Hill, Chelsea, Knightsbridge and Marylebone, prime central London is seeing sales and price recovery. Prices ... Read moreSamir Salya on prime London property market’s continued success

Samir Salya on the Hopeful Signs in London’s Property Market

london-luxury-property - Samir Salya
The London property market is showing signs that the slump is easing for prime property. With interest returning to the capital’s three most expensive boroughs, a surge indicates that momentum is returning to London after a difficult year. An increase in sales Prime London property’s tough year looks to be starting 2018 on a positive ... Read moreSamir Salya on the Hopeful Signs in London’s Property Market

Samir Salya on London’s Falling Housing Transactions

With recent changes to the stamp duty and mortgage rules in Britain, the London property market is feeling the effect with a plummet in housing transactions.  Transaction volumes, referring to the number of houses being bought and sold in the capital, show an 18 per cent drop since last year, according to figures released by ... Read moreSamir Salya on London’s Falling Housing Transactions

Samir Salya on the Future of the London Property Market

London Street and Red Bus - Samir Salya
London’s property market has seen a great deal of instability in 2017. Although figures dropped significantly at the start of the year, the sector has seen some recovery towards the end of 2017. Growing Strength By the end of September, investment into London offices reached £12.5 billion. This is the strongest nine months on record, ... Read moreSamir Salya on the Future of the London Property Market

Samir Salya discusses the continued Middle Eastern interest in London Property

The London property market has long been popular with investors around the world, but recent political turmoil has led to questions over the city’s future. Despite this uncertainty, the capital remains the top city destination for Middle Eastern property investment. The UK and London have continued to be a pre-eminent market for global capital, with ... Read moreSamir Salya discusses the continued Middle Eastern interest in London Property

Samir Salya discusses London real estate’s great year

canary-wharf-at-night-samir-salya
Investment in London’s commercial real estate is on track to be a record breaking year. As international buyers flock to the capital, property adviser Savills predicts the total of transactions in central London will top £20 billion. That’s higher than 2014’s £21.6 billion, the current record year. A record year? Commercial property transactions in central ... Read moreSamir Salya discusses London real estate’s great year

Samir Salya on why location is no longer key for luxury property investors in London

london-luxury-property - Samir Salya
New research shows that the location of the highest price luxury properties in London is changing. In a move away from the traditional areas, there have been more luxury property sales in Hampstead and St John’s Wood than in Westminster and Chelsea. It seems location of the property is no longer the number one reason ... Read moreSamir Salya on why location is no longer key for luxury property investors in London