There are a ton of different people who are trying to get into the property market in London. London is an area that is super exclusive to the rich and not many people can afford to live there. With that being said, it is shown to be a really good investment opportunity because of all of the rising in home prices that are going on within the actual city. As a result, big money is coming in.
Key Takeaways:
- If you are looking to buy a home in this area, be ready to spend a ton of money on it.
- Lenders are trying to take advantage of the growing market as many people are trying to get in.
- If you want to buy a property, you must be smart as many thing the market is going to crash soon.
“The shared-ownership sector in London is partly a result of the capital’s overinflated house prices, combined with a burgeoning population and a recognition by the boroughs that they need to drive the delivery of affordable housing.”