Things to Consider When Buying Luxury Property in London


Luxury Property in London

If you’re looking for luxury property in London, there are many things to keep in mind.  There are a number of prime locations that boast luxury property, and each has a different set of advantages and disadvantages. As a buyer, you may not have the time to look into the characteristics of each and every neighbourhood you’re considering, but, fortunately, you don’t have to.  At Landmass London, our experts know the ins and outs of many prime locations in London and will ask the questions you need to ask in order to make sure that the property you buy is the right one for you. Here are a few of the things you need to consider when buying luxury property in London:

1. Apartments vs. Townhouses: The main prime locations where luxury homes are available include Chelsea, Notting Hill and South Kensington, but there are also the areas of Maida Vale, Hampstead, St. John’s Wood, Marylebone etc.  If you go in for, say, Knightsbridge or Marylebone, you’ll find mostly apartments and penthouses whereas areas like Notting Hill or Chelsea have larger homes and townhouses.  Our team will gauge your needs and direct you accordingly.

2. Transport, Schools and Shopping: You may travel everywhere by car, or you may prefer public transport.  If you have children, you want to make sure that the schools in the area you choose are good ones.  And, of course, there’s shopping!  Depending on what your needs are, our team will guide you towards the area best suited for you.

3. Location: In London, most of the main residential areas are located far from the tourist attractions, and this influences the cost of the property as well.  As a result, a property that is close to tourist attractions tends to be cheaper than a property that is far away. The exception to the rule is Mayfair.  

There are a lot more factors that need to be taken in consideration when purchasing a property in London, and if there is any factor in specific that is concerning you, you can get in touch with our Private Office team and they will be happy to clear any doubt you may have regarding London's property market.