Conveyancing Solicitor Croydon
Croydon is located in South London and is the gateway to the South Coast of England. One of the main attraction factors for most young professionals is the suburb’s fantastic transport links, a new Westfield shopping centre due to open its doors in 2022 and also plans to build 2,000 new homes a year as part of the capital’s largest regeneration project, meaning London’s biggest borough could well outperform the rest of London in property price rises over the next five to 10 years. A significant chunk of the £5.25b regeneration scheme investment is propelling the refurbishment projects of Fairfields Halls also.
With average income for full time employees sitting at £37k, a number of Redbrick Builders have recently put forward and commenced a number of new build developments giving the area a much needed boost in housing stock.
Investment In Croydon
Information recently released in connection to London Southbank University’s discussions with Croydon Council regarding its expansion plans into Croydon has motivated property investors to pay close attention to various Student Housing and HMO Opportunities.
House prices according to Land Registry data as of May 2019 puts the price of an average property price in Croydon at just below £400,000. This is still significantly below (32.8%) that of an average property in London which currently sits at £592,218.00
Developers such as Bellway Homes, Optivo Housing have launched a number of new development schemes aimed at both professional investors first-time buyers although Croydon is also leading the country’s micro-apartment model.
Communication and Transport Links
Revisiting the fact that we have mentioned above regarding Croydon’s transport links is further assuring as the property Developers appear to have already recognised Croydon’s potential for growth.
The A23 corridor is also set to undergo a £45million redevelopment to help deal with the increased influx of visitors and business in to the new and improved Croydon.
Croydon Council and Transport for London (TfL) as recently announced that the package which will see major works to take place from London Road in north Croydon to Brighton Road and Purley Cross south of the town centre.
A report recently published by Homes and Property confirmed that asking prices in Croydon fell by 4.3% in November 2018. Due to external factors such as political uncertainty, sellers appear to be holding back on selling their properties, meaning buyers in turn appear to be awaiting for their perfect property to come along. This has in turn has given rise to an increase in overseas investors capitalising on a buying opportunity while both the Market and the Sterling remains depressed.
Conveyancing Solicitor in Croydon
With great property growth, comes the need for great value, highly proficient Conveyancing Solicitors. Due to the high demand for the properties coming into the market, it is extremely important that your conveyancing solicitor in Croydon works and progresses your transaction as fast as possible to avoid the possibility of you being gazumped and losing out on the property.
Contact us today using for the best Fixed Fee Conveyancing Quote from a Croydon Conveyancing Solicitor.
Useful Contacts When Buying or Selling in Croydon
We have compiled the following details for your’s or your conveyancing solicitor in Croydons’ use below. Please do inform us if you wish to suggest any further useful information which may assist a general conveyancing transaction –
- Croydon Council Head Quarters
Contact Number – 020 8726 6000 or email using their contact page on their website using the following link.
- For planning and building control, please also contact the council via their contact page above.
**Last Updated in September 2019***
*Average property letting data courtesy of Foxtons Estate Agents