The COVID-19 pandemic may have dramatically transformed the London property market, adversely
impacting property prices, purchasing capacity, and future productivity. But a more analytical approach
suggests that this may potentially be a good time for buying a property in London for several reasons.
1. First and foremost, the Government has taken unprecedented steps to revitalize the property market.
The stamp duty holiday announced in early July, combined with low-interest rates on mortgages is
likely to capture strong buyers’ interest. Prospective buyers with access to capital can enormously
benefit from tax exemption. Moreover, with house prices going down, this is the finest opportunity to
buy your home in the bustling city of London.
2. London has many beautiful neighborhoods, each with its distinct vibe and identity. From family-
friendly, quiet neighborhoods to buzzing, boho central suburbs, there is someplace suitable for
everyone. Here you will find a perfect mix of culture and modernity, chic ethnicity, and urban cool
perfectly balanced and well-represented homes.
3. London has a million things to do to keep you busy a lifetime over. From stunning architecture, the world-
class museums and galleries, theatre shows, and tons of historical sites. The city boasts an array of
attractions and delightful experiences. For a moment of serenity, take a walk along a swath of greens
stretching throughout London. London’s green areas and open spaces feel like an oasis of calm amidst
the city chaos. The city takes pride in making itself one of the greenest cities of its size in the world.
4. A perfect combination of affluence and livability, London is an incredible place to stay. The chic
destination has plenty of unique shops, trendy cafes and bars, and some of the finest restaurants in the
world. Further adding to the benefits of living in London is its excellent public transport system that
makes commuting a breeze. London ranks among the most desirable cities to live in; it has safety,
experiences, culture, lifestyle and so much more.
5. The government initiatives, economic trends, and the benefits the city offers together can be seen as
reassuring marks for buyers feeling a little cautious about whether or not you should invest during this
time. There’s a lot of evidence to suggest that right now is the best time to buy property in London.
Whether you are looking for your first home, move home, buy another property or add to your
portfolio, there are tons of opportunities available in its current state.
Aston Chase, one of London’s reputed Marylebone estate agents covers Regent’s Park, Hampstead, Marylebone, St.
Johns Wood and surrounding areas. We have 35 years of track record as one of the foremost
residential agencies specializing at the top end of the residential market. Reach out to us today to help
you find the right property in London.
