June began in a festive mood
June began in a festive mood with the Platinum Jubilee celebrations marking the 70th anniversary of the accession to the throne of Queen Elizabeth II.
June began in a festive mood with the Platinum Jubilee celebrations marking the 70th anniversary of the accession to the throne of Queen Elizabeth II.
The festivities, which were attended by many people, were a reminder that the social economy and social lives of many has once again recovered compared to the beginning of the Corona Virus epidemic. This recovery has been accompanied by an increase in the Retail Price Index (RPI), which continues to rise in tandem with the current social climate.
In our daily lives, we are seeing a marked increase in various prices such as utility bills, public transportation, food, etc. Of course, the RPI is an important figure for real estate, and in the case of rental real estate, it is linked to the first year's rent and the rent set at the time of renewal.
With prices in the London real estate market expected to rise by 20% in the next five years, it is a good time to check the current value of your property and plan accordingly if you are considering buying, selling, or renting a property.
If you have any questions or concerns about real estate, please feel free to contact us.
