How the Trump Presidency will affect the London property market
Over the last couple of months we’ve frequently been questioned about the impact of a Donald Trump presidency on the London property market. With our Nine Elms office located next door to the new US Embassy, it’s a question we’ve been considering for some time.
Walter Mythen, Regional Sales Director at JOHNS&CO, recently shared his thoughts with The American magazine:
“The trend of Americans looking to swap the US for the UK is already evident as the combined factors of the US election and the weak sterling make London an attractive city for prospective buyers. I believe that once again London will be seen as the safe investment option, even despite the fact that prices may not show a huge amount of capital growth over the next couple of years. Also with the cooling off of Prime Central London prices and in some cases a decline, London is beginning to look like good value again and with Europe and America anticipating further uncertainty and choppy waters, this should copper fasten London as the best and safest location to invest, certainly for the buyer with their eye on a medium or long term plan.”
Interested in Nine Elms? Find out more about Embassy Gardens, Riverlight and The Tower St George Wharf.