Email: vasb@rqraunecre.pbz

Average property in London to hit £600,000 in four years

Posted on by within Property News, London

London property prices have increased at more than double the rate of the rest of the UK during the past year. The average house price in the UK capital is set to hit £600,000 in four years time - 3.5 times the average house price in Northern Ireland.

Research also demonstrates that income multiples are now back to pre 2008 levels in London, as homeowners increase the amount they’re borrowing. In the year up to November 2013, house prices in London have increased at over double the rate of the rest of the UK, according to Land Registry figures.

For more information on this click on the source below:

The Telegraph

 

Your privacy and our use of cookies

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies from this website.

[x]