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2012 Olympics make Hackney a
Housing Hot Spot

from "UK Landlord" magazine, March 2008

Property prices are set to rise in London's East End as regeneration ahead of the 2012 London Olympics attracts new buyers, according to Halifax.

The mortgage lender predicts that increased investment in transport links and amenities signals a change in the fortunes for the deprived London borough of Hackney, which is likely to be one of this year's top house-price performers.

Improvements to the London Overground network to the value of £1.4bn will bring Hackney its first fully-fledged London Underground link and four new stations in the area.

Community groups have also seen an increased investment, with £1m being spent on 24 neighbourhood projects including creating a new children's playground, landscaping and buying new sports equipment as well as improving community gardens and a cycling scheme.