Situated in south west London, along the banks of the Thames, the sought-after residential district of Battersea is a bustling area which is home to fine restaurants, trendy bars and upscale stores. The Battersea Arts Centre continues to showcase some of the best in business. In the last few decades, Battersea started to become an attractive neighborhood, close to Fulham and Chelsea, which enjoys its own heliport. Wealthy families and couples chose Battersea for its beautiful Victorian architecture, its lovely parks and its high quality of live. Nowadays, Battersea offers a large range of luxury properties, from mansion blocks to Victorian terraces, by way of modern steel and glass buildings.
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.