The Central London property market is in a league of its own, highlighted by house purchases by celebrities such as Lisa Snowden…
The glamorous presenter of Britain’s Next Top Model recently bought her first home – a townhouse – from Fraser & Co (www.fraser.uk.com), one of Central London’s leading estate agents.
Robert Fraser, Managing Director of Fraser & Co, states, “People recognise that the London market is one of the key areas to purchase property whether you are an owner occupier or a buy-to-let investor – London is the place to be!”
Lisa Snowden said, “I am very pleased with the service provided by Fraser & Co with the purchase of my first Central London property.”
Figures from the FT house price index show the average annual growth rate in London over the past three months was 8.5%, challenging reports that the capital’s housing market is in steep decline.
Fraser reports a steady increase in viewings translating into firm offers with the average rental yield also up, due to prices remaining consistent within Central London.
“Within the boroughs of Kensington and Chelsea, City of Westminster, Barnet, Hammersmith and Fulham and Chelsea we have seen an average annual combined growth of 17.68%,” he says.
“With these figures it is not hard to see that although the UK as a whole may be slowing down Central London is enjoying its own property micro-climate.”
Fraser & Co are there to support landlords, first time buyers, buy-to-let investors and anyone else interested in the London property market.