London tops property hotpots in UK

London has been named as one of the UK''s top property hotspots, according to new research.

A study conducted by property website Whathouse is predicting that London, Kent, Liverpool and Rochdale are going to be the country''s hottest real estate markets over the next 12 months. The strong house prices in these regions are going to be boosted by escalating demand as well as extensive regeneration plans.

"Although prices in London and the south-east are expected to experience the greatest level of capital growth, shrewd investors are looking to areas of regeneration and locations that are set to benefit from the implementation of new transport links," Whathouse explained.

Key areas in London such as Belgravia, Mayfair and Knightsbridge are also likely to benefit from the recent record-high City bonus awards. Whathouse predict that with more money being invested in property in the capital it is likely that prices across London could rise by around eight per cent in 2007.

The forthcoming Olympic Games are also likely to ensure that this long term growth in regeneration, strong transport links and new building will continue for the foreseeable future as areas of East London prepare for the international sporting event.


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