The London Flat Market

[NotwatchingSpooks]

My dd is currently looking at 2 bed flats to buy in London. She has saved really hard for her deposit. What do you think the market is doing, everything I am reading is saying flats are not selling, but she is getting a different message from the estate agents. Having had negative equity myself in the past, I am trying to help advise and would be grateful for any thoughts.

From experience of looking at 2 bed flats with a dd a few years ago, new builds were a lot more expensive per sq m, and service/maintenance charges were often very high.

Much better value were period, purpose built maisonettes (this was in SW17) which often had their own outside space - mini garden or a patio - thrown in. I well remember one of these - just over 70 sq m and no service charge - being nearly the same price as a one bed new build of around 50 sq m, with hefty s/charges on top.
The m’ette was in a much nicer road, too, and no further from tube, etc.

@sunshinesupermum well that's another negative because I'm telling you it ain't a great location for train links.