Barnes and Barnes London Property News July 2022
As property experts we like to keep up to date with all that’s going on in the London property market, but why keep this to ourselves? So as well as keeping you up to date with everything Barnes and Barnes, here are some of the stories and articles that have caught our eye.
A View from Grant Barnes
With the new Elizabeth Line now open, we take a look at where the next property hotspots may be. We also explore the changes in London house prices with the Government’s House Price Index.
I was asked recently by This Is Money to comment on an article where a couple had relied on their mortgage lender’s valuation and had subsequently found subsidence. In this article, we explore what their rights are and the benefits of having a full survey.
With best wishes,
We often get asked what the benefit of a building survey is over the lender’s valuation. In this ‘This is Money’ article, I look at the issues faced by one home buyer who relied on a valuation by the lender as opposed to an independent survey on the property they were going to purchase.
London’s new Elizabeth Line has boosted nearby property prices by triple-digit percentages, but where else is set to see similar rises thanks to improved links?
According to the Government’s UK House Price Index for April 2022, in England, house prices have risen by 0.8% since March 2022.
London saw the lowest annual price growth with an increase of 7.9%.
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