In the press

Crossrail May Be Only Hope for Capital Growth – Justin Neal’s Letter to the Editor in Property Week

Justin Neal's Letter to the Editor was published by Property Week on 3 July 2015

Written by Justin Neal
06/07/2015

We read with interest your article on how Crossrail is driving up housing prices in London (Property Week London Supplement, 26.06.15)

Rapidly increasing London house prices have, in part, been driven by the investor who never intends to complete on or live in the property. Double-digit growth has increased the number of speculators buying in the high-net-worth £1m to £5m ‘off-plan’ residential market, but is this market about to wane? This high-net-worth market has not bounced back since the election and with prices possibly continuing to remain flat for the next three to five years, the lack of growth means these investors are unlikely to recover their initial investment and costs…

Read the full article here

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Justin Neal

Gordon Dadds