Property and business removal experts Top Removals respond to news of London’s property price boom

Across the UK there are no less than six of our regions that announced dramatic rises in house and property prices, one of the regions experiencing the biggest change being London. The news comes as data collected by the ONS shows that the regions, predominantly located across the southern half of the UK, have each passed the peak levels they experienced prior to the 2007/08 recession.

The Office of National Statistics (ONS) survey showed average house prices in London rising above £500,000 propelled forwards in an ‘astonishing surge in prices’ which saw residential property values accelerate by 19.1%. For many home owners, this equated to their homes growing in value by approximately £15,000 in July alone.

A spokesperson for the ONS identified the areas of the UK that have experienced these booms as the East Midlands, West Midlands, the East of England, South West of England, London and the South East of England, adding that:

“The significant rise in house prices reflect the popularity in investing in many southern parts of the UK at this moment. Especially within the nation’s capital, the recorded figures are some of the best we have seen for some time, with investors eager to snap up real estate from across the globe.”

London-based premier domestic and commercial removals experts Top Removals regularly react to news and studies relating to the property market in London. A spokesperson on behalf of the company says that the rise in house prices has been a welcomed occurrence across the board:

“Not only have rising values given many homeowners the chance to upgrade to bigger homes in the country, whilst still providing them with a viable commute to the city, but the increase in wealth within these regions means that we can continue to be proud of London as a major centre of commerce and tourism too.

“Offering our services as one of the leading removal experts London can offer, with so many homes now being sold before prices begin to drop off, if at all, we are working to cope with the demand, whilst maintaining our first-class level of service.”

As well-established professional movers, Top Removals operate across London and surrounding boroughs in addition to offering international services too. Presenting a comprehensive array of services to suit your needs and requirements, you can discover a solution that is tailored to your preferences and exact wishes by visiting the website at: www.top-removals.co.uk today.