No sign of investment in West London slowing down!

No sign of investment in West London slowing down!

By Rudolph Diesel 26th April 2016

Housing construction is slowing down due to economic uncertainty over the EU referendum, labour shortages and other such reasons, which are apparent when reading The Telegraph's article . 

But conditions in West London have shown no sign of slowing down: In the last quarter Paul Alexander Mortgage Consultants have assisted a number of developers secure Finance for their housing projects, which is encouraging to see! 

In particular the Acton area is currently attracting a vast amount of attention and investment, with large scale developments like 'Acton Gardens' incentivising first time buyers and investors alike. Such developments that are coming on to the market are raising the bar from a quality point of view and we look forward to helping developers secure finance for future development in West London and further afield. 

Financial constraints, labour shortages and planning delays contributed to the slowdown, with 59pc of those surveyed saying that a lack of bricklayers and quantity surveyors were significant barriers to growth. Skills shortages have driven average wages up by 7pc in the year to January.

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