What you need to pay attention to before buying an apartment in London

London is one of the most famous cities in which every person dreams at least once to visit, and at the same time feel like an Englishman, completely at the same time merging with the energy of the beautiful capital of Foggy Albion. Indeed, it is in this city that a lot of various sights have been collected and it takes several weeks to consider everything. In addition, in London there live peculiar people whose mentality is seriously different from the psychology of the inhabitants of other states, which makes communication with the inhabitants of London a pleasure. But, the truth, only if you are good at English.

It is worth noting that many people choose London not only for travel, but also to make this city a permanent place of residence, for which you will have to buy an apartment in London. All the necessary information related to the purchase of housing can be found on the site en-rus.co.uk, where you can easily get acquainted with the prices of real estate in London and find for yourself an apartment that is ideal for further living in the capital of Albion. There are many reasons that force you to buy housing in the capital of England, but regardless of the reason for buying a home you need to approach with all responsibility paying attention to even the most discreet little things. Therefore, before buying an apartment in London, it is advisable to know a few simple rules that will help you to choose the best apartment in this city.

The first thing you need to know before buying a home is that in England there are several forms of ownership. For example, such a form of ownership as leasehold provides an opportunity to own housing only for a certain time and the minimum period of ownership of real estate is 1 year, and a maximum of 999 years. After the expiry of the term, the owner of the real estate loses the right to own the property. This form of property can be compared with the rental of housing, only English lease gives more rights to the temporary owner. Well, this form of property as a freehold makes it possible to fully buy out real estate.

Still need to know that the choice of housing in London is quite diverse and housing prices depend on the area in which you are going to buy an apartment. For example, the most expensive areas of the city are: Mayfair, Knightsbridge and Belgravia. These areas are located in the central part of the city, which means that housing prices here are the highest. If you want to live in a decent enough area of London, but at the same time want to buy a cheaper apartment, then in such a case, such areas as Hammersmith and Vauxhall or the suburbs of the city that bear such names as Ailworth and Hounslow are ideal.

As a conclusion, it should be noted that property prices in London are constantly growing, so the earlier you buy a home, the cheaper it will cost for you. Ideally, housing had to be bought 5 years ago, since then prices for British real estate were much lower than now. True, it is worth noting that buying a home today, you not only get a luxury apartment in the city, but also invest your money, because in a few years the cost of your property will be much higher.