How the 2012 Olympics are affecting London Homeowners

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Hosting the Olympics is a fantastic honour for any capital city, and one that Londoners are proud to have won the bid for in 2012. Since the announcement of the winning bid for London 2012, the whole nation has been preparing to create history in London this summer.

Naturally, hosting the Olympics is a great boost for any country's economy. The event will bring visitors and spectators in from all over the world. There is also plenty of opportunity for branded merchandise and souvenirs to be sold, and plenty of jobs created in the building of the new Olympic village and stadium, and for support staff in all industries during the period of events. But how will the Olympics affect homeowners in the City?

First impressions

Areas of London are being tidied up and made more accessible by the local council, to give world visitors the best possible impression of our pride for our capital city. Thanks to all of the preparation work and improvements in the area, some lucky London home owners are likely to see an increase in the value of their property for 2012, on top of the already high property values.

Des Res

Houses are becoming more desirable

Highbury homesIt is expected that rental properties around the Stratford are will be particularly popular for short term lets or anyone employed to work on a project related to the 2012 Olympics. The same will be true for areas such as Hackney and Mile End that are close to the Stratford area with direct transport links. Aside from renting, home swap London is also likely to be a popular scheme for those looking for somewhere to stay during the Olympics. If London home owners living in the area aren't keen on the hustle and bustle the Olympics will bring and want to escape for a week or two, they can swap their home with another family anywhere in the world, from Brighton to Bangkok with a company like Love Home Swap The most popular areas for home swapping, close to the Olympic Stadium are Highbury & Islington, as homes here are particularly luxurious and grand.

After the games

After the London 2012 Olympics have been and gone, London homeowners will continue to benefit from the changes that have been made to the area. The Olympic Park will be transformed into a beautiful and well-kept public space, and leisure facilities will be kept for use by athletes. The Olympic village performers homes will be turned into affordable housing for key-workers, and new shops and amenities will be built in to the campus. Improvements to the railways lines, cycle paths and general accessibility around the Stratford area will make it a much more pleasant and inviting place to live and call home.

Do you have tickets for the 2012 Olympic Games?

What sport will you be watching?

Link List

Official 2012 Olympics Website
Find out more about the 2012 Olympics
Official London City Guide - Visit London hotels, attractions and events
Things to do in London including London theatre, hotels, sightseeing, events, restaurants, shopping and special offers

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