Medusa

The Rise Of The Luxury Property Market In Britain

<p style&equals;"text-align&colon; justify&semi;">Whenever the UK property market is discussed&comma; there tends to be an emphasis placed on the residential market that caters to the working and middle classes&period; This is just a small section of British real estate&comma; however&comma; with many other aspects of the market generating billions of pounds on an annual basis&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><img class&equals;"aligncenter wp-image-13846 size-Correct" src&equals;"https&colon;&sol;&sol;medusamagazine&period;com&sol;wp-content&sol;uploads&sol;2015&sol;05&sol;luxury-market-600x450&period;png" alt&equals;"The Rise Of The Luxury Property Market In Britain " width&equals;"600" height&equals;"450" &sol;><&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Take the market for luxury property as an example&comma; which has displayed robust growth throughout the last 18 months nationwide&period; There has also been an additional surge of activity since the Tories were re-elected into power last week&comma; as overseas investors in nations such as China have triggered a rush to buy luxury property before the market peaks&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;"><strong>Luxury Market Growth and what it Means for the UK<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">A number of specialist real estate agents have confirmed this level of growth&comma; with one claiming that they were inundated with offers once the election result was confirmed&period; The reason for this is obvious&comma; as the Tories have overseen a period of sustained and robust economic growth that has caused property prices to surge in London&comma; the South West and additional regions further north&period; With demand also at its peak both in terms of purchasing and the rental market&comma; there is ample opportunity for foreign investors to cash in&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">So what exactly is the upshot of this&quest; In bare statistical terms&comma; luxury property to the value of nearly £1 billion has changed hands during the last week while more is expected to be bought and sold throughout the remainder of May&period; This underlines the fact that London is now considered as the prime spot for property in the world&comma; with investors from as far away as China looking to diversify their portfolio and maximise the impact of their capital amid the economic slowdown that is blighting their own country&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;"><strong>Is this a Sign of things to Come&quest;<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">With the Tories now able to implement further growth and consolidation plans over the course of the next five years&comma; high-end property investors can also look forward to a period of genuine stability&period; This will change the nature of the UK property market&comma; as London emerges as the fulcrum for international investment and triggers additional growth elsewhere&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Whereas the Internet was once saturated with quick house sale advice for individuals who were trapped in a cycle of negative equity&comma; it is now populated with reports of domestic and global growth&period; This trend is likely to continue for the foreseeable future&comma; which can only be good news for investors and anyone associated with the marketplace&period;<&sol;p>&NewLine;

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