Paddington is the neighborhood of Marylebone. It is also located between Hyde Park and Regent's Park. It is an attractive and dynamic district of the London center. It is very popular with visitors looking for calm and good bargains. Indeed Paddington is full of small designer shops with unique charms, thrift stores and some of big brands. This allows the shopping lover to get away from major shopping areas such as Oxford Street. The charm of its small streets constitutes many walks that allow to discover the heritage of the district.
Since 2011, the property prices have risen by 29% in the United Kingdom and particularly in London, where prices reached a high record . According to UBS, the Swiss banking industry heavyweight, the risk of a housing bubble is high.
Therefore, in order to stop the price boom, the British government proposed solutions in its real-estate white paper of February 2017.
Besides, because of Brexit, the country may have a lower growth compared to the past years, with a loss of purchasing power for UK residents and a potential inflation rise. This phenomenon may have an impact on housing prices which may increase more slowly in London and which may favour foreign buyers.