Finding and choosing new homes in London might be challenging, but it doesn't have to be so. If you feel overwhelmed with too many options, try using this simple virtual property assistant.
Pick your desired (or ideal) property size, select a location and payment options, and get a tailored selection of new builds in London with chosen features.
What are you looking for?
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ready to help you start
Choosing Property Sizes
In London, smaller flats prove to be slightly more popular because of high property values. Purchasing a 3-bedroom family apartment is not an option for many households, so many buyers opt for 1-bed apartments or open-plan studio flats in suburban areas.
However, spacious and high-end apartments are popular among international buyers. In particular, foreign investors often opt for Prime Central London (PCL) new builds that offer spacious apartments with top-tier features like en0suite bathrooms, multiple balconies, and roof terraces.
Picking the right property size often depends on the budget. Generally, studio flats and 1-bed apartments are more affordable but often offer similar comfort levels as more spacious properties thanks to flexible layouts and open-plan living.
Picking Perfect Areas
Location matters and is particularly relevant for the new build market in London. Buyers' priorities shift towards infrastructure and surrounding areas of new build developments, so prices significantly depend on location.
Suburban homes and properties around London traditionally offer more affordable options. In fact, we saw an influx of property buyers into Outer London during the pandemic and a similar trend following the disastrous mini-budget in late 2022.
Moreover, each London area is different and has something unique to offer. For instance, PCL properties are traditionally known for high living standards, top-tier amenities, and hefty price tags. In turn, South-East London boasts a mix of affordable housing with creative exteriors and quirky communities around.
Considering Payments Options
There are several popular payment options among London property buyers, and they differ depending on whether you are a local or a foreign buyer. While international buyers often opt for cash purchases in Prime London neighbourhoods, local property hunters prefer mortgage deals and take advantage of buying schemes.
Shared Ownership is gaining interest among many first-time and existing London buyers, particularly after the market shift in late 2022. Meanwhile, senior buyers take advantage of retirement housing and the Older People's Shared Ownership (OPSO) scheme.
Taking Advantage of ChatGPT
Currently, we are working on a brand-new feature that is based on the ChatGPT and its impressive capabilities. Our virtual assistant will be updated and give an even smoother property search experience for users.
In addition, we will be implementing a chat functionality to assist users with specific questions and provide timely and, most importantly, accurate data and responses. UX and customer approach are the essences of PropTech, and tools like ChatGPT are a perfect supplement to the sector.
How To Use Our Virtual Assistant?
Using our property assistant is fairly straightforward:
- Pick your ideal property size.
- Choose a location.
- Select a preferred payment option.
- Browse a selection of tailored new builds in London and see if any option catches your attention.