Growth potential
Long term trends suggest that the capital growth London Central is enjoying is sustainable. There are other factors which may fuel this.
Evidence suggests that the success of the Olympic bid is likely to enhance future residential values. The Games will be located all over the capital and the planned improvements to the infrastructure will probably make London one of the safest and most efficient cities in the world.
There is limited land development potential in prime central London and most property is held by long-term owners (second homes owners or investors). As a result, London central stock represents an increasingly scarce resource which is highly sought after.
There is evidence of increasing investor appetite for such property. The recent spate of interest rate rises appears to have little impact on cash-rich buyers.
