Some real estate trends in London

As a real estate blogger, you can expect Ahmed Nashaat of London to continue sharing his knowledge on the key developments in the industry through a series of blogs. For this blog, he shares London real estate trends in the next couple of years.

1. The movement away from London

For the longest time, London has been one of the most expensive places to live in within the country, with it being the capital and all. The recently regularized work from home setup has become a proven concept that allows operations to run smoothly, even when workers are at home, shares Ahmed Nashaat. Since this means that they don't have to live in London just because of their jobs, there will surely be more interest in moving away to a more affordable place to live in outside of London.

2. Up and downtrend in rent within the capital

With COVID-19 restrictions easing out, if not lifted altogether, toward the latter part of 2021, this means that tenant demand will increase in the capital. In fact, the experts are saying that supply could struggle to keep up with demand, which will likely lead to the rate of rental decline slowing. Should the economy recover by 2022, annual rent in London will resume growth, shares Ahmed Nashaat.

3. Promising foreign investment

In terms of real estate, one little-known fact to the public is that foreign investment makes up a substantial part of the London property market. This is because the capital will always remain a strategic location for property investors across the globe. In terms of purchasing power, these are the buyers who really aren't affected as much as everybody else. Said buyers will still see the long-term appeal of London as a place to invest in property.