The country’s capital has always been a desired place to live. With limitless career potential, unbeatable leisure activities, and unique experiences like no where else, London is the place to be. But living in such a desirable places often comes at a cost and property is snapped up in the blink of an eye.
Various property websites such as Rightmove, estate agents, and financial advisors have all noted that currently the property market is at its busiest since the COVID-19 pandemic restrictions were lifted. An encouraging sign that the market is going back to normal yes, but one area of south west London in particular is seeing unprecedented interest. Balham, in between Clapham and Tooting Bec has reportedly seen buyer competitiveness increase by 113% meaning that more people are interested in buyer and competing against each other with their offers.
Why is Balham the Best Place to Buy in London?
Balham is seen as one of the livelier areas of south west London. A large community of young professionals, an abundance of bars and restaurants, and its proximity to leisure areas like Tooting Bec common, Wandsworth common and Clapham common has clearly caught the attention of prospective buyers. As Balham is in the borough of Wandsworth, residents also benefit from some of the cheapest council tax rates in London. And as well as having all the social amenities you could wish for; Balham is also extremely well connected which is always what you want to hear when looking to buy in London.
The area is one of 52 stations on London’s Northern Line tube network meaning that you can travel across central and north London with ease. The northern line is also part of the recently re-opened night tube so that you can now get too and from Balham at any time during the day and night. If that wasn’t enough for prospective London buyers, Balham also has a rail station with regular trains to London Victoria, a hub for travelling in and out of the city.
London Mortgage Advisors
If you get the opportunity to purchase in Balham, you could possibly be faced with the best investment opportunity available. But you will have to act fast to beat the masses. That’s why we would always recommend getting your ducks in a row as early as possible by speaking to a qualified mortgage advisor who is experienced in the London property market. By speaking to an expert London mortgage advisor, you will not only have the help and support of professional, but you will also have the help of someone who knows the area, knows the local estate agents and most importantly knows when to get things done.
Content and communications manager at Oportfolio Mortgages Louis Mason lives and breathes south west London:
“Our offices are based in Putney in Wandsworth and I live in Putney myself. I love the area and anyone who has the opportunity to move here won’t regret it. Hearing that Balham is now one of the most desirable places to buy in south west London is no surprise to us here at Oportfolio. The fantastic nightlife and day life is legendary and the added benefits of low council tax and great transport links really puts the cherry on top.
When it comes to purchasing in Balham, you will really need to take ‘Springing into action’ quite literally and if you speak to an advisor well in advance, you will be able to do so.”
If you are looking for the best place to buy in London and think that Balham or Wandsworth might be of interest to you, don’t wait and act now. Call our team of friendly London mortgage advisors today.