It is fair to say the team at Hunters West Hampstead love the local area. We are pleased to help anyone looking to make a housing move in, out or around West Hampstead.
We cannot deny that the media attention on the London housing market has made for some grim reading. There has been article after article of Londoners leaving the capital in huge numbers.
We all know the reasons why people might consider a move away from London right now. People need more space, they have more freedom with remote working, and the idea of living in a countryside setting is very appealing right now.
There are many areas of London where you can see why so many people are keen to move to fresher surroundings.
West Hampstead has a great deal to offer
However, this isn’t the case with West Hampstead. We find some people already living in London who are keen to move to a more spacious and welcoming area are looking to upscale their surroundings. In this regard, moving to West Hampstead makes perfect sense.
If you are looking to move to this part of London, we can help.
Of course, you might be focused on leaving London, and if you are, we can assist you. There is demand for homes in this part of London, and we can help you connect with buyers. If you would like to arrange a property valuation, please get in touch.
We help you make an informed decision
At Hunters West Hampstead, we aim to ensure you make informed decisions. If you want to read about the latest studies where London homeowners share their opinion, we can help.
A survey carried out by SpareRoom spoke to more than 12,000 users of the platform. 40% of respondents said they plan on moving home post-lockdown, with 38% of respondents who live in London stating their desire to move house after the lockdown.
- 76% of respondents said they intend to move out of their current town or city.
- 77% of respondents from London say they plan to leave the capital entirely.
- For the first quarter of 2021, the level of demand v supply for London was down by 23% compared to the 2020 figure.
Matt Hutchinson, SpareRoom director comments: “Over the past year we’ve seen the effect Covid-19 had on London rents, with averages falling consistently in four consecutive quarters. That's driven largely by a drop in demand compared to supply, as renters left the capital during lockdown. At the same time, rents have risen slightly in the rest of the UK.”
Matt continued by saying; “As the country starts to open up more over the coming weeks and months, we'll see pent up demand being released. We'll also see the return of jobs in sectors like entertainment, hospitality and tourism, which London relies so heavily on. Whether that means a mass return to the capital, or whether some of those who left won't return remains to be seen. But we do expect things to shift over the summer.”
If you need any help or guidance regarding property matters, please get in touch. As your local housing market specialists, we will do what we can to ensure you make your next house move in style. Contact Hunters West Hampstead today for all your housing and letting needs.