© 2012 Globespan Media Ltd, 3rd Floor, 8 Baltic Street East, London EC1Y 0UP
Privacy and Cookies
As one of the safest places to invest in property worldwide, London is often misconceived as being too pricey for anyone other than oligarchs, investment bankers and CEOs. There can be no doubt there is a London bubble which has withstood the credit crunch and the market continues to thrive, however there are also a wide range of regeneration areas across the city. Local councils are working with developers in many of these boroughs to attract people to live and are offering different housing options and making affordable homes a priority.
For Jay and Amy Hoon, one of the benefits of living at Kidbrooke Village, one of Berkeley Homes' large regeneration projects that are currently underway around London, is that they have drastically reduced their commutes.
Releasing equity from your family home and moving to a smaller house or apartment, commonly known as "downsizing", is increasingly popular with the over 50s. Whether it is to provide cash for their children's own home deposits, or for a better retirement, downsizing has many benefits and can make good financial sense. Property developers in South London are offering a range of new two- and three-bedroom homes that are perfect for downsizing. Close to all of the city's attractions and amenities, they offer space for visiting loved ones and friends, and an easier lifestyle.
Moving south of the river can give those looking for their perfect new home in London more space and more choice for their money. Now is a great time to buy, with a variety of new housing developments in South London, and excellent transport links make commuting to the City or West End both fast and affordable.