First time buyers love Tower Hamlets

Finefair is a long standing company that always puts our clients first. We ensure our services are consistently high quality and can handle all kinds of requirements. We excel in many areas but have a reputation as one of the best providers of estate management Tower Hamlets has. If you own an estate and need help managing it, we are the team for you.

A successful 25 years

Estate management Tower HamletsSince 1995 London has become one of the most valuable property markets in the world. In fact it regularly features on lists of the most expensive cities to buy a house. It sits alongside locations like New York, Vancouver and Shanghai.

The pace of house price growth in London in the last 25 years has been incredible. Even with recent cool-downs, prices are hundreds of times higher than they were in the mid 90s.

The biggest winner in that time is Hackney. The area has seen large scale gentrification, becoming a hotspot for hipsters, artists, and tech businesses. A lot of wealthy people now live in the area. House prices in the area have grown by an astonishing 807% since 1995.

Lambeth was another big winner in the same period. This is another area that has enjoyed a lot of gentrification, especially as more people moved to the South Bank, across from Prime areas like the City of Westminster. House price growth here has been 666%.

The third best performer since 1995 is Tower Hamlets. The driving force for such a big increase in house prices is the development of Canary Wharf. The business district is a thriving area and attracts lots of wealthy people. As a result the rise in prices has been an impressive 664%.

Even areas at the bottom of the list have seen huge growth in prices. The smallest rise is in Sutton. However, this is still an amazing 422%. Bexley and Harrow were only slightly ahead on 425% and 429% respectively.

Pipeline

property investment Tower HamletsAs the top provider of estate management Tower Hamlets has, we keep a close eye on the market. That means we monitor what kind of new homes are in development to see what opportunities there are for our clients. The area has become a particular hotspot for first time buyers. This is because the pipeline of new homes for them is greater than anywhere else in London. For example there are plenty of new apartments available, many of which are for shared ownership.

Tower Hamlets will likely remain one of London’s hotspots because of how it attracts first time buyers. It is also in a great location near the City and Central London. This, and the fact that Canary Wharf is here, means lots of people are looking for homes in the area.

Estate management in Tower Hamlets

Finefair is the perfect partner if you own or want to invest in properties in Tower Hamlets. We can help you with everything from managing a portfolio to finding tenants. We even provide guaranteed rent to protect your income.

If you need estate management Tower Hamlets has nobody better than us. Get in touch today and we can find the right services for you. We can take care of as much as you want, whether you decide to delegate everything to us or just want help in specific areas.