London is the capital of England and a great business, creative and cultural hub amongst many other things. This month, the UK’s average house price has fallen from their 14-month high, as opposed to the prices last month.

According to the Nationwide building society’s latest report, the average prices fell 0.2% between the months of August and September of this year, meaning that the average property went from around £189,306 to £188,374. Whilst it doesn’t seem like a large change, it’s definitely a step in the right direction for those who have wanted to get onto the property ladder but could not afford it in previous years.

In 2007, property prices were at their peak and, until this month, had been continuously reaching new highs. However, it’s not uncommon for the house prices to fluctuate and be quite volatile. Dips during the summer in market activity and lending is also common which means that property values can decrease.

Despite the reduction of the UK’s property prices as a whole, the city of London still seems to be increasing. It’s predicted that, even if the country’s market lowers the prices of homes, that London’s will continue to rise. This is due to the demand of homes in the capital and the regeneration that has occurred within recent years, among a number of other reasons.

This means that there has never been a better time to purchase London investment properties, especially since it’s in such high demand. Rent can easily cover the buy-to-let fees and mortgage, even leaving you with a generous profit within as little as five years.

We are able to provide some of the finest property management services, buy-to-let assistance and tenancy support in the whole of London, including Camden, Lewisham, Kingston Upon Thames and all other boroughs. Not only do we cover the capital with our services, but we are also able to operate for properties across the UK. If you want to know more about how we can help you then please don’t hesitate to contact us.