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The number of apartments for sale in

https://www.penthaus.pl ">apartamenty mielno sprzedaż is falling way short of existing investor demand, putting added pressure on flat prices at the Capital. The opportunity to get apartments at or near the bottom of the home market is an investors dream, and as a consequence, property investors are snapping up apartments across London, before prices potentially appreciate further.

However, the source of new build flats in London – typically more prevalent than houses on account of the shortage of available property in town – has dropped in light of their recent financial turmoil, and consequently, fewer homes are now available for sale.

Approximately two-thirds of new build apartments put up for sale in London last year were purchased by buy-to-let real estate investors, buoyed by enhanced rental yields, according to property research team Molior London, that conduct extensive market study of London’s 33 boroughs.

Speaking at a seminar addressing investors late last year Tim Craine of Molior London reflected about the enormous effect that foreign investors also have had in the property market recovery, with quite a few apartments having been sold to overseas nationals. Ever-growing property investor requirement could lead to solid property price growth over the upcoming few years.

Savills project that average land worth in the UK could surge by up to 27 percent by 2015, with the best gains – 35 percent – in London, largely due to a lack of new apartments and houses coming up for sale on the market. If true, this would represent an almost 8% increase on summit market prices in late 2007.

In fact, with residential requirement on the upward, there’s evidence to indicate that some London flats currently available are already receiving offers in excess of what they would have achieved at the peak of the market in 2007. Peter Rollings, a managing director, said:"We have many examples of properties that have sold and are continuing to sell for more than they did in 2007."

He added: [Property prices] in London in my view ended the year [2009] with prices having risen 10% to 12 percent from their lows, with substantially larger gains for some of those’A1′ properties – flats and homes in excellent places which satisfy all the necessary criteria."

While the possibility of rapid expansion in London property prices will encourage greater existing homeowners to put their apartments up for sale, it is going to come as an additional consideration to first-time buyers already unable to pay for that crucial first step on the housing ladder. Happily a increasing number of apartment sale London are being made available via various affordable housing strategies, which is proving a huge hit with first-time buyers.

The Homes and Communities Agency recently established financial aid which will unlock over 10,000 brand new homes and apartments through various affordable housing initiatives, which offers homes available within an equity purchase basis.

The building of apartments in London will also help reduce waiting lists for home, which in most London boroughs is now at an all time high. By allowing house builders to construct more houses and flats, such as units that are affordable, the councils expect it can drastically reduce those waiting for permanent accommodation.