London Property Sales
It would appear that first-time buyers are almost level with investors in the Prime London property market, according to a report from estate agent Marsh & Parsons’ latest London Property Monitor.
According to reports almost one in three of Prime London properties were purchased by investors in the first three months of this year, that keeps them in top spot where numbers are concerned, however that gap over first time buyers has been significantly reduced over that period.
Duing the last year there has been a strong demand for the starter home across London, always with a focus on location especially up and coming hot spots such as close to Crossrail stations, this has been the driver in the price for such one bedroomed Prime London properties, similarly the buy-to-let investor is on the same trail as there is continued significant demand for rental property for those unable to buy. As more and more young professionals climb onto the property ladder, one-bedroom properties are outperforming the market across Prime London.