A recent study by Halifax indicates house prices are rising faster in bigger cities than rural areas again. There was a spell, driven by the pandemic, when the opposite was true, but now, people are returning to the major cities.
There is a growing demand for Finchley property as a rental option.
We all know that while many factors influence the price of property in the UK, and especially in London, but some elements are more impactful than others. Transport is vital in the capital, and it has long been suggested there is a premium to be paid for homes close to stations.
It is likely you have read about the high number of London homeowners who are selling their home and moving to the country. Given the time we have endured, you can see why many people are keen to do so.
There is significant demand for homes right now, but buyers and vendors should be aware of potential delays. The level of activity in the market has created a backlog in some areas.