London property prices expected to plunge in 2015



property prices to fall in London

London property prices expected to plunge in 2015

Experts including those based at the Centre for Economics and Business Research have projected that property prices will fall across United Kingdom in 2015, with properties especially in London being the most hit. This would be the initial decrease in capital for over 5 years, and is estimated to be about 3-4%.

Factors influencing this plunge include the about to held general elections in May, the likelihood of escalating interest rates, and the fact that there is a higher property supply and fewer international buyers in the market. First time buyers wishing to purchase property in London should therefore, take advantage of the current fair prices before situation changes.

London property prices growth and decline

We know that the London property market is repeatedly in a state of instability, with different experts concurrently forecasting growth and decline, but we at Book Your Man & Van cannot remember a time in the recent past when so many positive aspects have aligned for the first-time buyers.

Therefore, if you are ready to take the chance, then be persuaded to have everything all set when moving house. This is because you might have to act swiftly in this ultra-competitive market. For example, you might wish to keep your belongings in self-storage containers or units so that they are all packed and set to be delivered to your new home as soon as you exchange. Must this be the case, we provide packing materials for your expediency. If you wish to find out more about our moving procedures, and what makes us stand out from the rest of the moving companies, kindly visit our van services page.

As a moving company situated in London with unrivalled experience, we offer a competitive and professional removals that seeks to alleviate you from unnecessary stress. We understand you already have enough to deal with – conveyancers, gazumpers, estate agents and all that, hence our dedication to serve you aptly.

So, if you would wish to get a quotation, kindly book online or call us on 020 3327 7300

For more detailed information on London property prices falling see the Guardian news here

Please take a second to +1 this post using the G+1 button below, thank you for reading!