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 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 the Hopeful Signs in London’s Property Market

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

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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

Samir Salya on the Luxury Property Show in London

Luxury property investment can no longer be considered a niche market. Interest is growing all around the world, and recent information released by Christies International Real Estate backs this up. The data from May 2017 showed that the top ten reported property sales globally were all priced at more than $100 million for the first ... Read moreSamir Salya on the Luxury Property Show in London

Samir Salya discusses investment in London property

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Residential property prices in many boroughs of London have dropped year-on-year from September 2016 to 2017. Many of the areas that are seeing falling prices are the traditional premium strongholds. For example, the Royal Borough of Kensington and Chelsea has seen prices fall by more than 10% year-on-year. Furthermore, the price drop has almost solely ... Read moreSamir Salya discusses investment in London property

Samir Salya on the latest price drop for London’s luxury real estate

There has been a 7% slump in the luxury housing market for the UK’s capital, thanks to high stamp duty and the uncertainty cast by Brexit. However, there are signs that the market is bottoming out and better times could like ahead. Average cost down According to real estate experts Knight Frank, the average cost ... Read moreSamir Salya on the latest price drop for London’s luxury real estate

Samir Salya explains why luxury isn’t just about location

While location has always been the watchword when it comes to finding the ideal luxury home in the UK’s capital city, there has been a shift recently in one of the hottest prime real estate areas. Planning restrictions in London have meant that buyers are shifting away from traditionally popular areas in search of more ... Read moreSamir Salya explains why luxury isn’t just about location