Kent could become 'very strong property contender'

18 December 2009

Written by Gavin Elley

Buy to let investors may consider purchasing property in Kent after it was announced that a high-speed rail link will boost the county's housing market.

Director at Kent Properties Online Gary Sparks said the link will definitely lead to a rise in house prices, particularly over the next year.

Launched on December 14th, the rail service will see trains travel up to 140 mph between St Pancras International and Kent.

Southeastern train company announced that it will now take 37 minutes to get to Ashford International and London will be an hour away from Canterbury and Folkestone.

Mr Sparks said that when a high-speed link between Southampton and London was created, "house prices went mad".

He added that the link may encourage people to move to the south-east after seeing many commuters moving north.

"I would suspect that people will look at Kent, who haven't perhaps looked at Kent before, as a very strong contender for buying property … this will be the icing on the cake," he predicted.

On the same day as the launch, transport secretary Andrew Adonis stated that by the end of March 2010 the government will outline plans for Britain's high-speed rail network.

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