The frenzy associated with people leaving London is based on lives revolving around work and the commute. There will be many people living in and around the capital who do so for work, and therefore, will be happy to consider relocating if the opportunity arises.
However, this isn’t necessarily the situation for the people and families living in some of the finest areas of North West London. Belsize Park, Primrose Hill, West Hampstead and other areas are not just a base that people tolerate because they are close to work.
North West London isn’t just a base to commute to and from work
These locations are thriving, with a pleasant and friendly community. There are fantastic social opportunities in these locations, and there is more than enough open space and greenery to keep the whole family amused and entertained.
The value of property in these areas might give some households something to think about. By selling a modest property in the North West of London, the vendor could relocate to a more rural setting and buy a much larger home. With the impact of the COVID-19 pandemic driving demand for larger homes and open space, it is not unreasonable to suggest some households will take this action.
Then again, it might be the excitement of the local life in North West London that helps people relax and unwind away from work. Children might be settled in school and adults might have community groups that they feel part of. These are all factors that need to be considered when it comes to leading a happy life, and not having a daily commute isn’t the only factor people need to take on board.
What is right for you?
It is important to note there are positive and negative reasons to think about moving away from North West London. At Stones Residential, we think there are more than enough reasons to stay, but your personal circumstances might dictate otherwise.
While the media focus remains on people leaving London, there is still significant demand for property in North West London. The stamp duty holiday provides buyers with the chance to save £15,000 when buying a home here, and that has inflated the demand for property.
If you are looking to leave the area, or move to another home, we can help you sell your current home. We’ve already discussed how much we love this part of the capital, and while we won’t try to persuade you to stay, we can present your home in the best possible light to prospective buyers.
When you are selling your home, wouldn’t you want someone who loves this part of London to promote your property? We will ensure likely buyers see your property, and the surrounding area, in the best possible light.
If you would like to arrange an appointment to help you negotiate the local housing market, please contact Stones Residential today by calling us on 020 7483 0685 or emailing belsizepark@stonesresidential.co.uk.
