Are you planning to purchase a residential property in London in 2010? It is known to everyone that the market trends are never static and they keep on changing from time to time. It holds true for real estate market as well. According to the industry experts, there will be a definite property trend in London in 2010.

Property trends in London in 2010

Go though this section to know about the current property trends in London.

* Architecture

The industry experts predict that architecture will be the focal point in 2010. While purchasing a real estate, people will give emphasis on design as well as space. It is a known fact that space is limited in this capital city of UK. So, there’s a trend to create illusion of more space. People will also build relatively larger homes so that the large families can stay comfortably.

* Flexible space

Flexible space is likely to dominate the current property trend in London. Due to space crunch, people are opting for flexible space with movable walls, pull out beds and fold away items so that they are able to create a comparatively large clutter free living space.

* Eco friendly homes

London aims to reduce the carbon emissions significantly by the year 2016. In order to make this plan a success, a number of individuals have started opting for eco friendly homes with green open spaces. Even the London commercial real estate developments are following this new trend as well. According to industry experts, the commercial buildings will also be constructed with more eco friendly features in 2010.

* Technological additions

People will also go for technological additions to the house that will help them to run the home smoothly. However, the trend will be more of installing helpful appliances that help in day-to-day life rather than focusing on flashy technological additions.

* Property price

Home prices are expected to increase in 2010. This is because as the economy starts to recover, there will be a greater demand for residential properties. However, the builders will require some time to construct new homes. As a result, the property price may increase to some extent in 2010.

Apart from above, houseboats dominate the luxury property market trend in London. The docking locations of the houseboats are primarily central; so, by purchasing a houseboat, you can be rest assured that you’ll always be at a walking distance from your work place, near your favorite pub or very close to a major tube station. So, you can think of purchasing a houseboat if you’ve always dream t of a different lifestyle.