Earlier this year, the county was in utter confusion following the UK’s decision to leave the EU. Many industries predicted turmoil due to both economic and political uncertainty, which included real estate experts. However, so far, the UK’s property market has proven to be remarkably resilient.
Foreign investors are taking advantage of the pound’s weakness and low interest rates are encouraging spending, which will ultimately drive house prices up further.
In particular, it is the first time buyers who have remained highly confident, moving forward with purchasers as the property market continues to become increasingly competitive.
In addition, as a recent article in the Financial Times exposed, the number of first-time buyers hoping to buy their first property has remained the same since June.
Interestingly, this latest research which was based on a sample size of 1,181, suggested that around a million people who have never previously owned a property are planning on purchasing their first home in the coming year.
Furthermore, almost all 95% of first-time buyers told the survey they are finding it difficult to get on the housing ladder, with almost four out of every 10-39 % saying it is almost impossible.
That is where we come in…
We have spent the last five years learning and perfecting what first-time buyers really want, while making sure it can be delivered at an affordable price. We are dedicated to building beautiful apartments, which most importantly, are attainable for young Londoners.
That’s why we are such a hit with first-time buyers! We know what we’re doing and we deliver the highest quality homes combined with superb communal living areas.
We always choose the very best locations that are located within walking distance to public transport links, as well as the area’s best amenities.
To find out more about our property developments in Croydon, Epsom, Sutton, Chertsey and Crawley, please contact the team on 0208 688 6552.