Property Investor information: United Kingdom
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Property Investor information for: United Kingdom
With the UK's stable economic and political environment, London property is one of the most secure investments in the world. It offers solid returns and growth as well as providing a safe haven for both British and foreign investors.
The London Property Investment market is looking very good for future growth. New London property hotspots are appearing as the City changes and grows. What were deprived areas are new exciting London property investments. London won the Olympic bid, narrowing beating Paris the favourites. This will create a huge boost to the London economy and London investment property up to 2012 and help to completely regenerate the Lower Leas Valley – an area of desolate industrial land at present between Leytonstone and Canning Town, with its centre at Stratford and just east of Hackney Wick. The whole London economy is likely to be boosted by an average of some 0.2% GDP per annum. Tens of thousands of jobs will be created. Owners of property in the Stratford East London area apparently immediately pulled their property off the market after the bid was announced – in anticipation of future price increases. The bid, along with the introduction of UK-REITs should stimulate property investment in the area and lead almost undoubtedly to property price increases in the area. The boost to general infra-structure investment with faster progress and concrete timelines to projects such as the East London Line Extension, DHL upgrade and extension and possibly Crossrail will also boost London property prices. Areas most impacted by the Olympic bid in order of priority are
1. Stratford, Maryland, Plaistow, Hackney Wick, Canning Town, Silvertown, Bow Church, Bow, Forest Gate, West Ham, Leytonstone, Hackney, Kings Cross, Canary Warf, Beckton
2. Bethnal Green, Shoreditch, New Cross, North Greenwich, Woolwich, North Woolwich, Ilford, Barking, Dagenham
3. Northfleet/Gravesend, London City and Midtown, Tilbury
4. London (rest of) and South East
