Inner London Slips As The Rest Of Us Climb
I’m not saying it’s become affordable or that I’d like to live there at all, but Inner London is sensing a disturbance in The Force. Born out of Brexit jitters and high Buy To Let taxes rather than Dark Side itself, Inner London has seen property growth drop over the last year with 14% less houses coming to market and growth recorded at just 0.1%.
With a predicted national average growth of a further 2% in 2017, Inner London seems to be facing a fall of 5% with some boroughs seeing drops of up to 16%.
Now we are seeing London homeowners moving here. Coventry, much improving and seemingly year on year, has become very much part of the commuter belt now.
Please take note London Midland, your Birmingham and Coventry to London trains are integral to the success of this City, no more talk of cancellations please!
The infrastructure of Friargate is finally taking shape (strewth!) and both Jaguar Landrover and both Universities are attracting swaths of new residents to the City.
Not quite so in London where a degree of panic seems to be encroaching with Article 50 threatening even more pressures.
Like I say, I wouldn’t want to live there though. A journey of 60 minutes (if we can find our alarm clocks!) and a railcard is certainly more attractive than a house for half the size and twice the price!
Yep. I like it here. It’s all begin to happen.