18 Aug

London property 'very popular among homebuyers'

London property 'very popular among homebuyers'

Houses for sale in London continue to be popular among property buyers, according to one opinion.

Director at Douglas & Gordon Ed Mead has said there are "an awful lot of willing buyers" in the capital at the moment.

He suggested that this is because "London is always a safe haven" in terms of property investment as people will continue to want to live in the capital.

Mr Mead added that its position in the UK economy adds to its popularity, as foreign buyers living in Britain are also likely to be inclined to look to the city for their next purchase.

"It is the first place they think of in the world for going to buy a property," he commented.

Recent figures released by Savills indicated that homes worth over £5 million had grown in attractiveness over the last seven months, with the total value of these houses coming in at over £1.6 billion. ADNFCR-1222-ID-800030342-ADNFCR

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