If you own a pad in the west end or central London, hold onto it, because it's probably the most sought after property in the world. To buy one of the best flats in the city's centre, you should be willing to fork out over £100 million.
Last year, a flat in St James square, converted from a 1930s office block, officially broke the record for the most expensive flat in London, hitting the market at £115 million. Previously, the most expensive apartments were the four 'One Hyde Park' penthouses in Knightsbridge, developed by Candy and Candy. They come complete with bullet proof glass and panic rooms, making them the perfect places for high-profilers. These exclusive pent-houses are, ironically, increasing in value during the property recession.
"The super-prime sector of £10million and up has become completely detached from the rest of the market," says Liam Bailey, head of residential research at the property consultants, Knight Frank. This just goes to show that the super-rich have been relatively unaffected by the credit crunch. Bailey attributes this to spiraling commodities and oil prices as well as hedge funds that all serve to further enrich the moneyed.
The one million and above market has also not been as affected by the recession as much as the middle of the range sector. If olde worlde is not for you, you might be more interested in the something a little to the east, where prices tend to be lower and exclusive apartments are springing up all the time. New Atlas Wharf on the Isle of Dogs is retro-chic at its best. Designer Richard Evans combines Asian artistry with opulent wood features, and for the price of £1.65 million you have access to sport facilities and a concierge. The Japanese garden and hot tub will certainly attract many interested buyers in the future.
Bailey warns that the high-end properties might begin to become less immune to the recession in the future, which bodes well for those looking for a London penthouse at a cut, later this year. The charms of St Paul's Cathedral at night and the gleaming Gherkin have obviously not worn off yet for foreign property investors, though, as they are still scrambling for the most expensive west-end properties at whatever the cost.
Frances wrote this article for Kay and Co Real Estate Agents Kay and co specialises in high quality London and International real estate.
Article Source: http://EzineArticles.com/?expert=Frances_Van_Den_Berg
Thursday, 3 December 2009
East London Property - Choosing A Lifestyle As Well As A Place To Live
Buying property in London can be a challenging business because London is a huge metropolis, comprising distinct areas, each with a different character. Perhaps more importantly, house prices are high. The economics behind this is simple - demand for housing is massive and supply is limited. But this shouldn't mean the end of your ambitions to own your own home - and it can even work in your favour, if you catch the market at the right time and invest in the 'right' property.
It isn't easy to know exactly what the 'right' property is, but to get value for money most buyers tend to look for up-and-coming areas - places with slightly restricted transport links, potential for improvement, or areas where regeneration schemes are planned or in progress. If you're a Saudi millionaire or a Spice Girl then tried-and-tested properties in Kensington may seem a good bet, but mere mortals might wish to look for less grandiose properties in East London, which in any case offers a more interesting and diverse environment.
If you're planning to buy a property to live in then East London is a particularly good option if you like cutting edge places, where you are just as likely to find a Bangladeshi restaurant on one street, an artist's studio on another and bric-a-brac being sold just around the corner. Spitalfields and Brick Lane are typical East London areas, with their network of traders, modern creatives and original cockneys. The Spitalfields regeneration project has greatly improved this already much-loved area, adding two new public areas and a traders' market; Hackney has seen an influx of trendy young artists.
East London property is increasingly popular with people keen to get a foot on the property ladder. Green Street in East London is a riot of colour, because it is the home of Asian fashion. Vibrant reds, greens and blues, as well as the glitter of gold, entice the shopper - and flat hunters.
For a very different experience, you could always look for property in Canary Wharf. One of the most cosmopolitan places in London, it is famous for its exciting urban architecture, including the skyscraper One Canada Square, which is the tallest building in London. The wharf is also home to over two hundred designer, independent and high street stores, housed in three malls. Built to a Canadian model, these are underground and therefore perfect for winter shopping. Also on the water, Greenwich's maritime history makes it a favourite with anyone who loves history, the sea or authentic local pubs.
To buy property in East London, simply decide what kind of lifestyle and property you would like and start hunting. There are flats and houses for sale in East London to suit all kinds of budgets and with the 2012 Olympics set to pour more money into East London, your investment might work out even better than expected.
Andrew Regan is an online, freelance author from Scotland. He is a keen rugby player and enjoys travelling.
Article Source: http://EzineArticles.com/?expert=Andrew_Regan
It isn't easy to know exactly what the 'right' property is, but to get value for money most buyers tend to look for up-and-coming areas - places with slightly restricted transport links, potential for improvement, or areas where regeneration schemes are planned or in progress. If you're a Saudi millionaire or a Spice Girl then tried-and-tested properties in Kensington may seem a good bet, but mere mortals might wish to look for less grandiose properties in East London, which in any case offers a more interesting and diverse environment.
If you're planning to buy a property to live in then East London is a particularly good option if you like cutting edge places, where you are just as likely to find a Bangladeshi restaurant on one street, an artist's studio on another and bric-a-brac being sold just around the corner. Spitalfields and Brick Lane are typical East London areas, with their network of traders, modern creatives and original cockneys. The Spitalfields regeneration project has greatly improved this already much-loved area, adding two new public areas and a traders' market; Hackney has seen an influx of trendy young artists.
East London property is increasingly popular with people keen to get a foot on the property ladder. Green Street in East London is a riot of colour, because it is the home of Asian fashion. Vibrant reds, greens and blues, as well as the glitter of gold, entice the shopper - and flat hunters.
For a very different experience, you could always look for property in Canary Wharf. One of the most cosmopolitan places in London, it is famous for its exciting urban architecture, including the skyscraper One Canada Square, which is the tallest building in London. The wharf is also home to over two hundred designer, independent and high street stores, housed in three malls. Built to a Canadian model, these are underground and therefore perfect for winter shopping. Also on the water, Greenwich's maritime history makes it a favourite with anyone who loves history, the sea or authentic local pubs.
To buy property in East London, simply decide what kind of lifestyle and property you would like and start hunting. There are flats and houses for sale in East London to suit all kinds of budgets and with the 2012 Olympics set to pour more money into East London, your investment might work out even better than expected.
Andrew Regan is an online, freelance author from Scotland. He is a keen rugby player and enjoys travelling.
Article Source: http://EzineArticles.com/?expert=Andrew_Regan
How to Obtain the Best London Commercial Mortgages
Without any doubt, commercial mortgages in London can rapidly materialize into great investments. Whether they are taken exclusively for business use or for personal needs, London commercial mortgages are the best way to finance profitable investments, ensuring that the properties’ value will grow along with the market.
London has a very powerful economy and continuously expands with so many new businesses and the development of commercial properties; for these reasons, London offers the perfect climate for investment using commercial mortgages. London commercial mortgages offer many advantages to both borrowers and lenders, ensuring that the relationship of collaboration between parties brings substantial mutual benefits. Once you close a commercial mortgage in London, you are guaranteed to make considerable profits by making the right investments. However, take note that London commercial mortgages are renowned for being difficult to obtain, involving an entire series of requirements that must be fulfilled by the borrowers.
At present, obtaining a commercial mortgage in London can be a very difficult task with the current high property prices, tough conditions imposed by lenders and the demanding process of claiming the commercial property of your choice. Before trying to obtain a commercial mortgage in London, it is very important to arm yourself with good motivation, a lot of patience and to carefully plan your actions in the overwhelming, fast-moving local market.
To substantially increase your chances of getting a convenient commercial mortgage in London, it is advisable to employ the services of an experienced, reputed broker. Without the guidance and support of a reliable London commercial mortgage broker, it can be very difficult, if not impossible to receive the right loan at the right time. Whether you are interested in obtaining London commercial mortgages, commercial finance in London or asset finance in London and regardless of the way you are going to use the loan (property development, business development, personal purposes), you need to find the best broker out there in order to fulfill your objective.
An experienced London commercial mortgage broker can provide you with access to reliable, competitive lenders (due to the high values of London properties, most local commercial mortgage lenders usually ask for a larger deposit or some form of asset to protect against potential shortfalls), can boost your financial credibility and your credit worthiness and will guide your steps starting from completing the commercial mortgage application to finalizing and refining the deal. You will also be provided with valuable help on finding great investment opportunities among the multitude of London commercial properties. Whether you are simply looking for advice on London commercial mortgages, commercial properties in London, or have found a property you would like to purchase, you are guaranteed to find the collaboration with an experienced, dedicated broker very beneficial and convenient.
For more resources regarding more London Commercial Mortgages subjects we recommend you clicking this link.
Article Source: http://EzineArticles.com/?expert=Groshan_Fabiola
London has a very powerful economy and continuously expands with so many new businesses and the development of commercial properties; for these reasons, London offers the perfect climate for investment using commercial mortgages. London commercial mortgages offer many advantages to both borrowers and lenders, ensuring that the relationship of collaboration between parties brings substantial mutual benefits. Once you close a commercial mortgage in London, you are guaranteed to make considerable profits by making the right investments. However, take note that London commercial mortgages are renowned for being difficult to obtain, involving an entire series of requirements that must be fulfilled by the borrowers.
At present, obtaining a commercial mortgage in London can be a very difficult task with the current high property prices, tough conditions imposed by lenders and the demanding process of claiming the commercial property of your choice. Before trying to obtain a commercial mortgage in London, it is very important to arm yourself with good motivation, a lot of patience and to carefully plan your actions in the overwhelming, fast-moving local market.
To substantially increase your chances of getting a convenient commercial mortgage in London, it is advisable to employ the services of an experienced, reputed broker. Without the guidance and support of a reliable London commercial mortgage broker, it can be very difficult, if not impossible to receive the right loan at the right time. Whether you are interested in obtaining London commercial mortgages, commercial finance in London or asset finance in London and regardless of the way you are going to use the loan (property development, business development, personal purposes), you need to find the best broker out there in order to fulfill your objective.
An experienced London commercial mortgage broker can provide you with access to reliable, competitive lenders (due to the high values of London properties, most local commercial mortgage lenders usually ask for a larger deposit or some form of asset to protect against potential shortfalls), can boost your financial credibility and your credit worthiness and will guide your steps starting from completing the commercial mortgage application to finalizing and refining the deal. You will also be provided with valuable help on finding great investment opportunities among the multitude of London commercial properties. Whether you are simply looking for advice on London commercial mortgages, commercial properties in London, or have found a property you would like to purchase, you are guaranteed to find the collaboration with an experienced, dedicated broker very beneficial and convenient.
For more resources regarding more London Commercial Mortgages subjects we recommend you clicking this link.
Article Source: http://EzineArticles.com/?expert=Groshan_Fabiola
Want to Live Somewhere Other Than the United States? London Properties Are a Great Opportunity
Have you been tossing a move around in your head? Have you thought about living somewhere other than where you've been living? Do you want a full change of atmosphere? London Properties would be a great thing for you to check out.
Reasons You Should Move to London
There are numerous reasons for moving to London. People in financial, political, media, business, and commerce fields heavily concentrate London. There is a great diversity in events, attractions, and other activities. Some will move to London because the income is so much higher and London supplements it with a salary packet, which is used to offset the high cost of living. Another person will move to London because of the fantastic higher education campuses like Imperial College and University College among other colleges and universities.
Someone may wish to move to London for the great medical care that you receive in hospitals like Royal London Hospital, St. Bartholomew, and Great Ormond Street Children's Hospital. A person who enjoys a rich culture and history may wish to move to London. Finally, someone may move to London because of the traditions of the place. That person could even visit Buckingham Palace and view the changing of the guards.
Travel Throughout and Away From London
In order to travel to and from London, there are numerous choices. You could take the Tube, which is the oldest underground railway that was built in 1863. There are still 260 active stations in use. You could use the train, bus, or motorway. If you wish to leave the country or want to travel to London then you could use the Airport in London, which is the third busiest airport in the entire world.
Activities and Attractions in London
• The London Eye - get a panoramic view of the tallest Ferris wheel in Europe
• The Tower of London - talk to the Beefeaters
• The O2 Arena - also known as the Millennium Dome, it is the top sports and concert venue
• The West End - shopping in Oxford Street or Harrods and enjoy the theater as well as take in the entertainment at Covent Garden
• Parliament - see verbal fisticuffs in the public gallery
• Buckingham Palace - part of the primary residence of the Queen and has been publicly opened.
• The Royal Maritime Museum and Royal Observatory at Greenwich - study Britain's naval history as well as stand on the line that says zero longitude
• Double take at the Tate - a place for art lovers
• Wembley Stadium - football is played in this world famous stadium
• Lords - sports museum
Events in London
• New year - Trafalgar Square is where you want to watch fireworks
• The London Marathon - Largest fundraiser in the world. It happens annually and is a great sign of endurance.
• The Boat Race - Every spring, Oxford challenges Cambridge on the Thames.
• Chelsea Flower Show - Each May, the Royal Horticultural Society presents a blue ribbon at this event.
• Wimbledon -During midsummer, you will enjoy eating strawberries with cream while watching a tennis match.
• The Notting Hill Carnival - Each August you will get a true taste of the Caribbean
• The Six Nations - Each autumn you will see the Rugby Union at Twickenham
• The Lord Mayor's Show- Each November you will experience the very best history, pomp and pageantry
• The Christmas lights- Each November, Oxford Street is the place to be for the Christmas lights to be turned on.
If you are interested in purchasing London Properties then you need to visit an estate agent. There are over 800 in London alone. The main religion of London is the Church of England and the churches allowed are other Protestant denominations, Roman Catholic, Muslim, Jewish, Hindu, and Sikh. The population in London in 2005 was 59,598,000. The average daily temperature of London is 50°F.
London Properties is something you want to invest in if you ever feel you will be moving to London. This beautiful city has a lot going on and if you enjoy staying busy or relaxing, there is something for everyone who visits or moves in to this city.
Angela Dolson
Article Source: http://EzineArticles.com/?expert=Angela_Dolson
Reasons You Should Move to London
There are numerous reasons for moving to London. People in financial, political, media, business, and commerce fields heavily concentrate London. There is a great diversity in events, attractions, and other activities. Some will move to London because the income is so much higher and London supplements it with a salary packet, which is used to offset the high cost of living. Another person will move to London because of the fantastic higher education campuses like Imperial College and University College among other colleges and universities.
Someone may wish to move to London for the great medical care that you receive in hospitals like Royal London Hospital, St. Bartholomew, and Great Ormond Street Children's Hospital. A person who enjoys a rich culture and history may wish to move to London. Finally, someone may move to London because of the traditions of the place. That person could even visit Buckingham Palace and view the changing of the guards.
Travel Throughout and Away From London
In order to travel to and from London, there are numerous choices. You could take the Tube, which is the oldest underground railway that was built in 1863. There are still 260 active stations in use. You could use the train, bus, or motorway. If you wish to leave the country or want to travel to London then you could use the Airport in London, which is the third busiest airport in the entire world.
Activities and Attractions in London
• The London Eye - get a panoramic view of the tallest Ferris wheel in Europe
• The Tower of London - talk to the Beefeaters
• The O2 Arena - also known as the Millennium Dome, it is the top sports and concert venue
• The West End - shopping in Oxford Street or Harrods and enjoy the theater as well as take in the entertainment at Covent Garden
• Parliament - see verbal fisticuffs in the public gallery
• Buckingham Palace - part of the primary residence of the Queen and has been publicly opened.
• The Royal Maritime Museum and Royal Observatory at Greenwich - study Britain's naval history as well as stand on the line that says zero longitude
• Double take at the Tate - a place for art lovers
• Wembley Stadium - football is played in this world famous stadium
• Lords - sports museum
Events in London
• New year - Trafalgar Square is where you want to watch fireworks
• The London Marathon - Largest fundraiser in the world. It happens annually and is a great sign of endurance.
• The Boat Race - Every spring, Oxford challenges Cambridge on the Thames.
• Chelsea Flower Show - Each May, the Royal Horticultural Society presents a blue ribbon at this event.
• Wimbledon -During midsummer, you will enjoy eating strawberries with cream while watching a tennis match.
• The Notting Hill Carnival - Each August you will get a true taste of the Caribbean
• The Six Nations - Each autumn you will see the Rugby Union at Twickenham
• The Lord Mayor's Show- Each November you will experience the very best history, pomp and pageantry
• The Christmas lights- Each November, Oxford Street is the place to be for the Christmas lights to be turned on.
If you are interested in purchasing London Properties then you need to visit an estate agent. There are over 800 in London alone. The main religion of London is the Church of England and the churches allowed are other Protestant denominations, Roman Catholic, Muslim, Jewish, Hindu, and Sikh. The population in London in 2005 was 59,598,000. The average daily temperature of London is 50°F.
London Properties is something you want to invest in if you ever feel you will be moving to London. This beautiful city has a lot going on and if you enjoy staying busy or relaxing, there is something for everyone who visits or moves in to this city.
Angela Dolson
Article Source: http://EzineArticles.com/?expert=Angela_Dolson
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