Home Front logoAs 2015 rolls out it’s always good to look back over the last twelve months to see how things have really faired here in the Canary Wharf property market. Overall I am delighted to say it’s been a very good year all round. In fact a very steady and stable year with not many ups or downs to navigate at all. Sales have remained consistent, with properties being sold swiftly whenever they have come to the market with a steady increase in prices throughout the year. New builds have dominated the area with launches of new developments in practically every corner of the isle and queues around the block with keen investors to secure the right unit off plan. Exciting computer generated images of how things may look in the next few years to come have been shared everywhere and it can only confirm just how exciting Canary Wharf is as a place to live and work in is not only now but for the future. Rentals has also had a good year with most landlords rarely experiencing void periods on their investments rather a new tenant lined up well before the last vacates. Again an indication that more and more people are choosing to live in Canary Wharf. The opening of Crossrail Place earlier in the year gave further confidence in the area as a chain of new restaurants and shops opened their doors for business. And experiencing queues for twenty minutes outside the breakfast club on the weekend can only confirm that there is a real community of people here that love wharf living. The chancellor of course cast a little cloud over future buy to let investors with the introduction of 3% stamp duty on anyone purchasing to rent from April 2016 so we could see a little flurry of activity as we head into the new year from investors hoping to secure something before the new legislation is introduced in the spring. Overall we are in a much better place than we have been in years gone by with lots of positive energy surrounding the property spectrum, with this in mind I bid you all a Very Happy Christmas and exciting New Year.