When do I sell my London pad?

[sloverid]

WHS

This is probably the best advice

[sloverid]

Bah! This contractor forum app is a touch on the gash side

[sasguru]

Whatever happens, keep your London pad as in investment.
London is de-coupling from the rest of the UK and becoming a world city - this will be increasingly the pattern in the 21st century - large urban conurbations where the economic dynamism is concentrated.
And there'll always be a shortage of property in these economic hubs.

[lukemg]

Anyone see that prog about London with Evan Davis ? Fascinating stuff, essentially its like an enormous snowball, sucking in all the talent and resources and this only results in it being more popular and growing again. It's not just the city although this has a big influence.
Add to this, relative stability means everyone with cash in anywhere dodgy all over the world is using London property as a secure bank account/bolthole when it all goes norks up at home and this gives a crazy market.
UK HAS to cash in on this, so no avoiding stamp duty (link this to the property regardless of who/what buys it) and ramp up the council tax on a sliding downscale from when you first purchase (so people who have been there forever but aren't wadded are still ok).
As for OP, it would depend on your circumstances but I don't see you missing the boat if you hang on for a couple of years at least and I wouldn't move to cash in unless you are going far out for good !

[ZARDOZ]

Fashion/trends come and go.
Go back a few decades and everyone was moving out of London and into the Suburbs. No doubt this will happen again at some point.

[sasguru]

Fashion/trends come and go.
Go back a few decades and everyone was moving out of London and into the Suburbs. No doubt this will happen again at some point.

Yes but that was when London was unsuccessful, when the City was a closed shop, full of "Tom nice but Dims from Eton"
The reason for the flight to the suburbs then was inner-city blight.
Then from the late 80s onwards London changed and the reverse happened, the middle class gentrified the inner city, a process which is still going on.
Provided current policies are maintained I don't see any change in what is happening now.
But you're right if we had UKIP type protectionism we could go back to the bad old days.

[SueEllen]

Fashion/trends come and go.
Go back a few decades and everyone was moving out of London and into the Suburbs. No doubt this will happen again at some point.

People are still moving out of London into the Suburbs.

There aren't enough primary school places in lots of the Home Counties.

[edison]

Whatever happens, keep your London pad as in investment.
London is de-coupling from the rest of the UK and becoming a world city - this will be increasingly the pattern in the 21st century - large urban conurbations where the economic dynamism is concentrated.
And there'll always be a shortage of property in these economic hubs.

London became a 'world city' a long time ago. There have been a few studies in the last decade ranking cities according to global importance. New York and London are the top two cities in every one.

[ZARDOZ]

People are still moving out of London into the Suburbs.

There aren't enough primary school places in lots of the Home Counties.

Then move further out, QOL will go up.

[Ticktock]

Then move further out, QOL will go up.

No, don't. We don't like you London types 'round 'ere. We have our local shop for local people, and there'll be no trouble there.