London real estate has been booming in recent years. Premier locations, business opportunities, and the pull of the British lifestyle have made this city a popular choice for many. With London’s population surging and more people wanting to live here, visitors are flooding into the city every day too. This influx of people is giving Londoners a variety of new experiences. And as with any major city, there are some upsides that make it worth living here and others that make it less-than-ideal for certain types of people. Here are three things you need to know about living in London before you buy into this market.
When you're looking at buying in London, it's important to understand the culture and lifestyle that comes with living here.
Sitting among some of the world's most iconic attractions, including Big Ben, Buckingham Palace, and Trafalgar Square is a huge draw for many people. But if you're looking for a quiet neighborhood without any tourists to disturb your peace of mind, you'll need to go outside of central London.
However, if you want access to all of London's cultural opportunities and nightlife scene, a location near central London might be perfect for you.
You also need to be prepared for the traffic in London. For anyone who has ever lived in a large city like New York or San Francisco understands just how crazy traffic can get in those cities. With over 8 million people living in London, finding parking within 10 minutes of your destination can feel next-to-impossible at times.
Finally, the cost of living is considerably high compared to other European capitals like Paris or Rome―but it's not as high as New York City or Washington D.C., which are also popular choices on this list.
There are a variety of areas where you will find both affordable rents and good neighborhoods. Here are five of the best neighborhoods in London:
Clerkenwell, Islington, Primrose Hill, Southwark, and Spitalfields.
London is an exciting city, but it can also be a stressful one. One thing that comes with the territory of living in London is that you will have to learn to adapt your life to this huge metropolis. You may have to worry about crime, transportation, and noise pollution.
In this post, we'll explore some of the downsides of living here for long term residents: Things like crime and noise pollution are becoming more common as London continues to grow and newcomers find their way into the city. And because of London's rapid growth, there are concerns about how well new arrivals are being welcomed by longtime residents.
