London property values 'have inevitably slowed'

The value of property in central London has "inevitably slowed" it has been stated, suggesting people with personal wealth may find real estate in the area offers good value for money.

Hugh Best, head of investment management at London Central Portfolio, notes the rate of growth has slowed but not fallen, which could mean buildings in and around the City represent a stable yet cost-efficient asset vehicle.

The property expert notes short-term drags on the market, such as 9/11 and the 2005 general election, do not have a lingering effect, with the attraction of homes and offices in the UK capital an inevitable lure for investors around the world.

He observes "opportunistic buying and increased yields" serve to "entice" those with personal wealth back into the market "very swiftly", with tourism and the London Stock Exchange two potential reasons individuals would want to buy in the area.

Increasingly flexible lending could see the British housing market recover more quickly and those with private means may be able to take advantage of depressed prices to diversify their investment portfolio before costs start to rise again.  ADNFCR-2318-ID-800072022-ADNFCR