Olympic-Sized Increase for Property Prices

Summary


roperties near the main 2012 Olympic site have increased in value by an average of Pounds 60,000 since London was awarded the Games in 2005.

Research from Lloyds TSB reveals average house prices in the 14 postal districts around the Olympic site have risen by Pounds 192 a week. Suren Thiru, housing economist at Lloyds TSB, said: "Interest in the East London housing market from both buyers and investors has increased markedly since London was awarded the 2012 Olympic and Paralympic Games, partly reflecting the substantial regeneration taking place there."

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Olympic-Sized Increase for Property Prices

INCREASE IN FIRST-TIME BUYER MORTGAGES The number of low deposit and first-time buyer mortgages has ...

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