London Property Prices Spiral to an All-Time High

London property prices continue to be a major point of speculation amongst foreign investors and real estate experts. Some news sources indicate that landlords plan to expand their average portfolio size to more than the average fourteen properties in the next three months, in the build-up to the Olympics. The renewed rental activity sparked at the end of spring has been further cemented by increasing housing prices and strong tenant competition in the Capital.

Prestigious Marylebone property aside, many Londoners aren’t getting to realise their home-owner dreams. With rental pushed to a startling £1,038 pcm, many tenants are getting trapped in the sector. Unable to save for the large bank deposit needed to become a home owner, many professionals are even further hampered by the reinstated stamp duty tax.

Prime central London property prices remain the apple of the city’s eye with high profile celebrities and wealth patrons bringing their own glitz to the capitol’s best districts. From the newly-engaged Brangelina to the likes of Rihanna, landlords are increasingly aware of the leverage in their favour.

With new reports and surveys coming out every week with conflicting information, the health of London’s real estate market is neither here nor there. Are central London properties a safe-haven for wealthy Europeans? With the Olympics around the corner, the rise of London property rent indicates a rising demand in the capital. A good thing for those invested in the commercial housing realm, things are definitely looking up.