Property market updates | 30.05.22
With a chronic shortage of supply and robust demand, London house prices are rising - in fact they’re growing at their fastest rate since August 2016.
Much of this demand is driven by professionals keen to return to city life, their offices, their social lives and the general buzz of the city. Meanwhile overseas investors are travelling again – keen to resume their investment plans and expand their property portfolios.
When it comes to the London rental market, this return to London life is having a dramatic effect – with demand for rental homes at an all-time high and we are experiencing the most competitive rental market on record.