Enfield is proving to be a very popular area in London because of the great value for money it offers. There is big demand for homes, both in terms of sales and rentals. This creates an issue due to low supplies, causing prices to rise. The situation could ease a great deal in the coming years though, particularly with the announcement earlier in June that up to 10,000 new homes could be built in the Borough.

The Meridian Water site is very large, covering an impressive 85 hectares. It is strategically placed to offer fantastic accessibility to the City, Canary Wharf, and London airports. The project to develop the site will cost an expected £3.5 billion in total. It will include thousands of new homes, a brand new station and a wide array of facilities for the new neighbourhoods that are created.

Construction on the site is expected to begin in 2017 with phase one. The plan is for the first homes to be ready the following year, along with the completion of the new station and improvements to the infrastructure in the area. Work across the site may continue for up to twenty years after that to complete the project.

Meridian Water is a huge development and will completely transform Enfield in the future. There will be new homes, communities and facilities in the area when everything is completed. Alongside this the construction will stimulate the building industry and further jobs will be created in the future throughout the area.

At Finefair we keep a close eye on developments all across London so we can offer advice and guidance to our clients. The knowledge also helps us to refine our services, ensuring we are capable to meet a wide variety of needs. Whether it is property management or council leasing we have extensive experience and can offer the best support. There could be many opportunities for the latter when the new homes are built and we have an established relationship with Enfield Council already.