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Renowned as a business hub and a cultural destination, the UK's capital attracts investors from all over the world. But what exactly is it that draws overseas investors to London's residential properties? There are many reasons behind the city's investment appeal, which seems to remain strong even in times of economic difficulty. Indeed, during the recession interest in London investment properties could be seen from all over the world, drawn in part by a comparatively weak sterling. However, this trend has continued as the economy has regained strength and the location is often regarded as something of a safe haven by overseas investors. Current and future developments, such as those associated with the upcoming Olympics, look ready to add to the capital's appeal and reputation as a prestigious location. Among the factors contributing to the attraction of London property investment is the limited supply of homes available. When paired with the consistent high demand for housing, this creates an environment for high rents - something that can increase investors' income. Indeed, London rents recently reached all-time peaks and are expected to continue to rise towards the end of the year and into 2012. And of course, this significant demand means that owners should have little trouble finding tenants to fill their properties, which helps to keep their income consistent. Renting out homes is not the only option available to overseas investors. Alternatively, individuals may be looking to sell a London property for a profit after several years - perhaps after making improvements or simply living there themselves. So, what is it about the UK's capital that makes it such an attractive location for residential property investment? A world hub for international trade and business, London is also a centre for education - both qualities that generate plenty of overseas interest. Indeed, London's time zone, strong transport links and status as a world leader for firms make it an attractive location for companies and businessmen alike. Meanwhile, students flock from all over the globe to learn from its prestigious education institutions. In fact, London has more international students than any other city. Linked to its business and educational status is the high number of jobs that can be found in the capital - something that encourages people to move to the city and adds pressure to the housing supply. London is also famous for being a highly cultural destination, which when paired with its many other attractions and benefits adds to the overall demand for space in the city. So, what should investors take in to consideration when searching for a residential property to purchase in the capital? While there are many things to be mindful of when investigating any investment opportunity, individuals intending to buy real estate in London should particularly pay attention to the local area. The value of homes in London can be increased by a proximity to key services. Often referred to as the ten-minute rule, investors should seek out property close to good transport links - such as bus and underground stations - as well as amenities like grocery shops. Taking stock of the area as a whole is also crucial. Among the elements to look for are signs of future development, such as public services, shops or attractions, as well as investigating statistics such as the crime rate. For all your London investment properties needs, come to Residential Land. Whether you want to rent out flats, apartments or houses or sell London property, we can help.
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