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What is London like to live in?
London is generally considered one of the most exciting cities in Europe, and the world. With a wide array of cultures, dozens of fabulous neighbourhoods, and some of the best career prospects anywhere, it’s no surprise that people travel from all over the world to live there.
For young people in their 20s and 30s, London has a sensational nightlife, with Soho and Shoreditch generally considered as two of the most vibrant areas.
There are dozens of themed bars and pubs, along with restaurants boasting every cuisine you can possibly imagine.
London is also widely considered as ‘the home of the arts’, and there is plenty to do in the city. The West End is world-famous for its theatre productions, while the O2 Academy venues in Brixton, Shepherd’s Bush and beyond are buzzing every week with new up-and-coming artists. As you walk through the city, you will notice lots of street performers, too, which truly brings London to life.
If you want to scale the corporate ladder, and
build a phenomenal career, then London is the place to do it.
Property prices may be higher than anywhere else in the UK, but this is mainly because the average salary in the city is so much greater, too. Canary Wharf is the renowned financial district of London, while other major buildings in Victoria, Camden and Oxford Street are home to some of the world’s largest and most famous brands.
If you’re looking for a new city to start an exciting new life, then you’ve come to the perfect place.
London can unlock endless opportunities for you.
The average home price in London is £731,178.
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Education in London
London is an intellectual hub, with more than 15 different universities and many of the world’s leading thinktanks. Queen Mary University, Imperial College London, and King’s College London rank amidst some of the best academic institutions in the world.
The British Library in King’s Cross is one of the most famous libraries in the world and has over 746 kilometres of shelving throughout the building.
Likewise, for anyone keen to raise a family in the city – perhaps in one of the more affordable neighbourhoods of London – then there are plenty of options for you, too. Brixton is home to more than 15 different primary schools, while Bethnal Green has a similar number of great secondary schools, too.
In almost every other part of London, too, there are countless outstanding academic institutions that you will love.
Employment in London
London is the perfect city to kickstart your career. Some of the world’s largest organisations have their headquarters in London, including BBC, HSBC, Glaxo Smithkline, Unilever, BP, AstraZeneca, BT and hundreds more.
Official figures about London’s labour market show that the number of people in senior management positions (12.6%) is far higher than the national average (10.7%). It is typically these roles that get paid the most and have the most influence within the company – which shows that London is the ideal city to climb to the management position you’ve always wanted.
Figures show that the average pay for someone living in London is noticeably higher than the UK average. This makes properties in the city more affordable and creates a better standard of living, too.
Sold’s services in London
Sold.co.uk is the perfect partner to help you sell your property in London. No matter where you live in the city, you can contact us for any of the following services:
Cash House Buyers
Sold.co.uk is one of the best London cash house buyers. Our experts have lots of experience buying properties in the city, for cash. Once you make an enquiry with us, we will give a valuation of your house – and if you accept it, we can complete the deal within 7 days. The funds will then be in your account 24 hours later.
Reach out to us for a free, no-obligation valuation today.
Online Estate Agent
When you want to sell your London property on the open market, Sold.co.uk can make it happen. Our extensive network of buyers in London means that your property will be sold fast, with almost zero stress. We are the estate agent in London that you can trust.
Owning a probate property in London can be tricky, especially if you don’t live close to the city. By selling it directly to Sold.co.uk, using our cash house buying service, you can get a lump sum for your property and continue grieving the loss of your loved one.
Sell a Tenanted Property
Trying to sell a tenanted property in London can be a challenge – as most buyers simply won’t be interested. Sold.co.uk is happy to purchase any house with tenants still living in-situ. Regardless of your tenancy agreement, or what condition the property is in, contact us today for a free, no-obligation valuation.
Sell House Fast
Are you keen to sell your house fast in London? Sold.co.uk is the perfect partner to achieve this. Within 7 days, you can have all the funds in your bank account.
Contact us today for a free, no-obligation valuation.
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What is London’s current property market like?
Over the past twelve months, London’s property market has shown varying levels of growth or decline, depending on the neighbourhood. For example, the average price has increased in Romford by 5%, and in north London, the typical cost of a house has gone up by 10%.
Meanwhile, in the wealthier parts of south-east London, prices have declined by -2%, and in Chelsea and Westminster, overall property prices have declined by -11%. This shows the current volatility of London’s housing market, and that while properties continue to thrive in the more affordable areas, some of the expensive neighbourhoods have crashed.
Not only does the typical price of a house vary according to the area you’re in, but the property type makes a major difference, too. Flats tend to sell for the least amount in London, followed by terraced houses. Semi-detached properties are usually the second most expensive type of house, while detached houses are the priciest.
You should seek local data for a specific London neighbourhood to get a clearer sense of sales numbers, house prices and market activity.
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Frequently Asked Questions About Selling A Home in London
How will Sold.co.uk sell my London home?
You can count on us to sell your house on the open market, or to buy it directly using our cash house buying facility. Both will guarantee a quick, stress-free sale that allows you to move swiftly onto the next chapter of your life.
How can Sold.co.uk sell my house fast for a good price in London?
When you use Sold.co.uk’s cash house buying service, you can complete the sale of your property within 7 days. We operate in every part of London, and our experts will take away all the stress involved with selling a house.
Are house prices rising in London?
House prices are rising in some parts of London, but not in others. Tottenham, Romford, Bexley and several of the other less-expensive areas have seen price increases over the past 12 months.
When I sell my house where does the money go?
Sold.co.uk is proud to have no hidden fees, so when your house sale is completed, the money goes straight into your bank account. We charge a flat fee once the deal is completed, but don’t take any commission from the final sale value. This is ideal for expensive properties, because the 1.5% average commission that many estate agencies charge can significantly erode your profit.
How can I sell my house fast in London?
You can sell your London property within 7 days by contacting Sold.co.uk. We are proud to be one of the fastest property buyers in the city.
Are cash house buyers best to sell my house to in London?
Yes, you can trust Sold.co.uk as a reliable cash house buyer in London. We can increase the amount of the sale price that goes into your bank account, because we don’t take a commission and we have no hidden fees. You will be in safe hands – and the deal can be completed in a timeframe that works best for you.
When is the best time to sell my house in London?
Now could be the perfect time to sell your house in London. With house prices stagnating throughout the city, and many economists expecting them to decrease in early 2024, you can beat the drop now by selling your house to Sold.co.uk within 7 days.
Are house prices going up in London?
House prices are increasing in some parts of London, but not in others. North London has experienced a growth in prices, as has Romford, Bexley, and many more areas. Meanwhile, Wimbledon, Victoria and Camden have all experienced a decrease.
When will house prices drop in London?
It is widely expected that house prices will drop in London throughout the early months of 2024. This has already happened in some areas, with Westminster and Chelsea experiencing price decreases over the past 12 months. You should speak to property experts within a very specific area for an accurate answer to this question.
Are house buying companies any good in London?
Not all house buying companies are legitimate – but Sold.co.uk is proud to have an excellent reputation as one of London’s most trustworthy companies for buying houses. You can count on us to complete your sale in a smooth, stress-free way, while keeping your costs to a minimum.
What do house buyers look for in London?
House buyers on the market typically want to live in a house when they buy it – in which case, they want to envision themselves living in your property in the future. Making it look homely and welcoming is a great way to do this.
Alternatively, if your potential buyers are looking for a worthwhile investment, then the price of your house will be a significant factor.
What puts a buyer off a house in London?
The neighbourhood, price, features and size of your London house can all make a difference to whether someone wants to buy it. The crime rate within the borough, or your closeness to high-rated schools, are factors that some people consider, too.
Who is best to sell your house in London?
Sold.co.uk is widely considered as one of the best estate agents in London. Whether you want a cash house buyer that can complete the sale within 7 days, or an estate agency that can find a suitable buyer on the market, Sold.co.uk can make it happen.
What is the cheapest way to sell in London?
Selling your house to Sold.co.uk is the least expensive way to sell your property in London. Regardless of your neighbourhood, you can avoid hidden fees and an estate agent’s commission by selling your house with us, instead.
Can I sell my house to the local council in London?
You should contact your local council to find out whether they provide this service. There are over 32 London boroughs, each with varying capacities for purchasing properties (which can also change throughout the year).
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