Today I begin a series of some of the most desirable areas to live in

London.

Central areas of London dominate the British property scene. Belgravia, Mayfair, Knightsbridge and

Chelsea are the best addresses for properties with both size and multimillion-pound price tags. The prime market is continuing to flourish. One in three of all million pound plus property sales in Britain in 2006 were in just two London boroughs: Kensington & Chelsea  and the City of

Westminster .

 Not surprisingly,

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Not good news to

London’s first time buyers. An average house in

London now cost over £322 204.

This brings the average annual growth in

London house prices to 11.7 per cent
To homeowners it may be good news that their houses are worth much more now.The market is slowing as previous increases take their toll. Higher interest rates and elevated house prices may be starting to increasingly weigh down on potential house buyers. Cash-rich buyers after premium properties in the capital are fuelling a mini-boom in London average house prices, widening the gap between the city and the rest of

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With the property market hotting in

London, gazumping is reappearing especially in

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You have now found your flat to rent, but before the letting agents hand you over the keys what’s next? I often get asked about agent’s upfront fees so I thought I could answer some of the concerns here.It is usual to have to pay a deposit (bond) and rent in advance and agency fees before or at the same time as you sign the tenancy agreement.

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