The UK housing market is currently stable for the first time since the global market crash of 2008. We have seen prices in Harlow rise considerably over the last 3 years. Property in Harlow has achieved a consistent price rise finishing in 11th position in 2016 according to Land Registry for price rises in the UK .
The market has remained strong with more buyers than vendors and we believe that Harlow is still being identified by investors as a hot spot with realistic achievable profitable yields. We feel that Harlow’s market continues to outperform the property market as a whole, it is therefore a strong area which will continue to attract buyers and builder/developers.
With the planned improvements and expansion of Harlow over the next 5 – 10 year period we truly believe that Harlow’s market will remain strong for the foreseeable future. Traditionally buyers come from the greater London area enjoying the green spaces and cheaper values and rents that Harlow provides. Easy access back into London, makes it clear why many families opt for a quieter suburban lifestyle outside of London in the Harlow area. It also explains why this attracts investors who would like to buy to let properties for these migrating families.
We believe that investors will continue to enjoy the record low interest rates that are currently being offered and the appealing Buy To Let products. We understand that the entry into the Buy to Let market has become more expensive but we still see that it is one of the most worthwhile forms of investment and certainly a secure investment for the future on a medium to long term basis. Although no one has a crystal ball, we believe that the market here is a very robust one and with the M11 corridor appearing to be the best performing area for price rises over the last few years we can see that Harlow is strongly placed as a good opportunity for buying.
Harlow has easy links back into London, Stansted Airport, good public transport, good to outstanding schools , plenty of green spaces and local amenities and facilities in abundance. This is why it has been earmarked for further expansion and investment by the Government with the green light being given to the recent paper in February 2017 allowing the construction of 16,100 new homes between High Wych and Widford to be known as Harlow & Gilston Garden town. Work is scheduled to begin on this development in 2019 at the current time of writing. Click here to be redirected to Gilston Park website.
We are very excited and looking forward to this and many other smaller projects being started in and around Harlow . As Harlow's leading local agent we see the massive potential for the town and those who live within it both now and in its future. We hope to play our part in helping it grow.
Investment for life