With the average UK home now costing almost £300,00 to buy and the government pouring millions of £'s into future house purchase ISA schemes, it appears that there is little likelihood of London house value increases stalling. For any London inbound permanent relocating employee and family, the prospect of buying an affordable home is a difficult an daunting task. However, don't let this become an obstacle to securing the employee's decision to relocate. With flexible working options and fast commuting lines into central London, it's not necessary to allow the London property bubble to jeopardise a relocation. We're always happy to discuss creative solutions to such challenges.
"London will remain a formidable bastion of the UK's property market but for many its prices are an insurmountable obstacle. With interest rates unlikely to rise this year and the employment market as strong as it is, demand will remain." Average UK house prices increased by 0.9% from December to January, with the average home now valued at £292,000.