London property prices 'will rise'
The property price increases seen in London and the Home Counties will "inevitably" lead to a recovery in the northern housing market "sooner or later", it has been claimed.
James Wrightson, marketing manager at iammoving.com, said that such news could mean that the UK housing market starts to grow more healthily again.
However, he added: "Homeowners will undoubtedly remain wary, and those with the most to lose are right to be cautious when looking to move home."
With this in mind, property to rent in Islington and other parts of London may be a more affordable living option than buying a new home, particularly if prices in the capital continue to rise.
Exclusive Savills research for the Sunday Times recently revealed that property prices rose by 9.7 per cent since March in Hampshire and have also increased in Berkshire, Essex, west Sussex, Cambridgeshire and Kent.
Furthermore, London city centre properties have increased by 8.5 per cent in value.
Written by Martyn Glynn
Published 7th October, 2009
© 2009 Estates IT Limited
London Rental Property News By London Borough / Category
Latest London Property News Headlines
Streatham town centre to be improved by BID?
Major improvements could be made to Streatham town centre thanks to a new business partnership.
Read Article ... Published on 25th May, 2012
Olympic infrastructure 'to drive east London house market'
The infrastructure created by the Olympics will see the east London property market become more popular.
Read Article ... Published on 24th May, 2012
Olympic infrastructure 'to drive east London house market'
The infrastructure created by the Olympics will see the east London property market become more popular.
Read Article ... Published on 24th May, 2012
Barking Splash Park opens this weekend
Barking Splash Park will be free to use this weekend (May 25th-27th) to mark its opening.
Read Article ... Published on 24th May, 2012
Southwark estates to get cheaper energy bills
Residents in Southwark can look forward to cheaper energy bills thanks to the creation of a new underground green network.
Read Article ... Published on 23rd May, 2012
Enfield £1.3bn masterplan unveiled
A masterplan has been unveiled that will see a 200-acre site in Enfield regenerated as part of a £1.3 billion plan.
Read Article ... Published on 23rd May, 2012
Londoners encouraged to grow their own fruit and veg
People in London are being encouraged to grow their own fruit and vegetables.
Read Article ... Published on 22nd May, 2012
Merton 'embraces green improvements'
Merton is now a cleaner, greener location to live in thanks to the implementation of the Wandle Valley Low Carbon Zone (LCZ).
Read Article ... Published on 22nd May, 2012
London house prices rise by 1,782% in past 35 years
London house prices have increased by 1,782 per cent in the last 35 years.
Read Article ... Published on 21st May, 2012
Poplar's Chrisp Street to get £100m regeneration
Some £100 million is to be spent regenerating the Chrisp Street area of Poplar in Tower Hamlets.
Read Article ... Published on 21st May, 2012
Property prices in London and the rest of the south will rise, according to one sector commentator, which could mean people living in those areas may wish to rent instead of buy.