PROPERTY SPOTLIGHT
The Prime Central London Housing A closer look at Hampstead and Belsize Park Property in Prime Central London continues to be a highly desirable commodity, particularly in the rental market, which has seen record rents and the highest demand for good quality homes. The dichotomy between this and the sales market has been apparent this year - when one is up, the other is often down. However, for buyers and tenants alike and anyone with a romantic, familial or working attachment to our beloved capital, the urge to find something beautiful in a neighbourhood like Hampstead and Belsize Park never wanes. Overall, Prime Central London has seen rents grow by 8.8% on an annual basis in August, taking them to the highest level ever recorded, and this is 29.3% above their 2017-19 pre-pandemic levels (LonRes)! Conversely, the slight slow-down in the sales market has naturally been compounded by the late summer/early autumn
traditions as families take advantage of the school holidays. Now they’ve returned and the little ones are back in school or starting on their next big chapter in life, the market shows signs
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of recovery and there’s a chance to hand select from some of the best properties available before Christmas comes around (which is sooner than you think)! Currently, with interest rates holding steady and the IMF predicting little change for the next 4-5 years, we’re optimistic for the future stability of the sales market and returning buyer confidence. At Maplewood Property, we’re looking after multiple sales, from those downsizing and swapping the family home for something more suitable to first-time buyers getting on the ladder. And no matter the market, the best homes always get snapped up first… Like this exceptional, threebedroom garden flat on Belsize Lane with a stunning extension. Incorporating a bespoke kitchen, work from home space, incredible dining and entertaining options and sliding doors to a split-level patio and garden, this home is not to be missed. Offers Over £2m
Nestled in the heart of NW3, where village life is not only characterised by the independent