Thinking about purchasing a property in London? Wanting to get a better idea on Buy to Let in this area? The Mortgage Hut can hep you find the best deal.
With so much culture and history, who wouldn’t love to live in London?! It is a vibrant and lively city, with world famous attractions at your doorstep.
With such a central location within the UK, there are plenty of easily accessible train stations surrounding London, making commuting a lot easier. Along with this, there are coach stations from central London to the outskirts, which offer services all around the UK.
With it being such a lively capital city, there are enough attractions and events around to satisfy all age groups. From museums of different interests to theatre shows and prime shopping locations, there is something here for everyone.
Housing prices in London have taken a fall overall slightly over the last few years, with sold prices 6% up on 2016 and 14% up on 2014. Prices have dropped primarily around the Kensington/ Chelsea area.
On average, a flat in London falls for £536, 966, the average terraced house sells for £657, 999 and the average semi-detached house sells for £643, 951.
The priciest area to buy in London is central, where the average overall price stays at £1, 717, 726. The least expensive place to buy is East London, where the average overall price is £450, 918.
We understand that getting a mortgage can be daunting, especially for first time buyers, however we work to make things run as smoothly as possible for you and find you the best deal possible.
If you are interested in finding out more about London mortgages, contact us today to find out more.