Holland Park is a west London chic neighborhood which welcomes the well-off population of the capital as well as the internationally wealthy class. Ten minutes away from downtown London, Holland Park is a haven for luxury properties and mansions and for this reason, it gained a global status: various celebrities have been seduced by its cachet but also by its privacy and tranquility. Besides, Holland Park enjoys one of the finest green spaces in London as it is home to 28 acres of woodland in central London.
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.