London homeowners expect property prices to rise in next year (From This Is Local London)

London homeowners expect property prices to rise in next year (From This Is Local London)

PEOPLE in London are feeling more bullish about the property market than the rest of the country, according to new figures.
In what could be positive news for anyone looking to sell but not such good news for anyone trying to get on to the property ladder and hoping for a fall in prices, London homeowners stand apart from the rest of the UK in believing their homes are increasing in value.
More than a fifth (21 per cent) of London homeowners say their property has increased in value from last month (versus eight per cent lower), and 44 per cent believe their home will continue to increase in value over the next 12 months, according to the latest results from YouGov’s HEAT (Household Economic Activity Tracker) index.