Samir Salya on what can be expected in the London property market

It is no secret that the London property market is under pressure. As it stands, businesses are struggling and there is growing confusion and concern regarding Brexit talks. In a recent report by Rightmove, it suggests that those looking to sell London property are experiencing a sharp wake-up call. Despite the fact that estate agents ... Read moreSamir Salya on what can be expected in the London property market

Samir Salya on the Extent of London’s Housing Crisis

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The housing crisis in London does not appear to be ending anytime soon. While it may be a world leader when it comes to culture and business, the city is failing – and has been failing for years – to provide adequate and affordable housing to all of its citizens. During the height of the ... Read moreSamir Salya on the Extent of London’s Housing Crisis

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 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

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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 discusses the London luxury flat market

Despite a flat market due to the uncertainty surrounding Brexit, it looks as though there is life in the luxury apartment sector in London. Billionaire developers, the Reuben brothers, are demonstrating their faith in the luxury flats market in central London. They have sold 45 luxury flats based in Paddington in less than two months. ... Read moreSamir Salya discusses the London luxury flat market

Samir Salya looks at who is investing in Central London

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The latest figures from London Central Portfolio show that homebuyers of luxury property represent 45% of all sales in prime central London. This is three time as many as the previous 12 months, due to the increasing discounts available. This has resulted in an increase of transaction numbers in luxury sales. There was a 23% ... Read moreSamir Salya looks at who is investing in Central London

Samir Salya discusses London luxury property prices

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Brexit uncertainty, along with tax changes introduced by the government will lead to a fall in prices of luxury homes in central London, according to Savills. The property experts forecast that the market will remain fragile among all of the uncertainty, and that the prices will fall 4% by the end of 2017. Further, Savills ... Read moreSamir Salya discusses London luxury property prices

Samir Salya discusses London property prices

Official statistics show that London is losing people from every age group, apart from those in their twenties. People from all other age groups are leaving the capital due to the extremely high property prices becoming unsustainable. Five-year high Last year, up to June 2016, people leaving London (net outward migration) reached 93,000 people. This ... Read moreSamir Salya discusses London property prices

Samir Salya explains why UAE investors are turning to London

London Street and Red Bus - Samir Salya
It seems that not all UAE based investors are concentrating on snapping up off-plan realty in Dubai. Quite a number are heading to London to look out for bargains in the UK. According to research from Cluttons, since Eid there has been a surge of interest in London homes from investors based in Sharjah, Oman ... Read moreSamir Salya explains why UAE investors are turning to London