“We have recently inherited £335,000. We have contemplated purchasing a SE16 buy-to-let property to support our early retirement. Considering that the Skipton Building Society offers a 4.25% return on their 18-month bond and the stagnant SE16 property market, we are uncertain whether investing in a rental property is worth the trouble. Kind regards. Mr &… Continue reading I have £335,000 to invest — is a SE16 rental property still worth the risk?
Author: kieranmetrovillagecom
SE16 House Prices Have Risen by 2.13% Since Christmas.
Since Christmas, SE16 first-time buyers and savvy SE16 buy-to-let landlords have been more active than expected in the SE16 property market. Rents in the SE16 area have soared in the last two years, with the average SE16 rent increasing to £2,127 a month, an increase of 37.3%. Because of these growing SE16 rents, it has… Continue reading SE16 House Prices Have Risen by 2.13% Since Christmas.
SE16’s Property Market Enigma:
Cracking the Code of SE16’s £739/sq. ft Puzzle for First-Time Buyers. “Dear Estate Agent My fiancé and I have been actively searching for our first home in SE16 for the past month. Being first-time buyers, we are new to this process but have genuinely enjoyed attending viewings. Although we haven’t come across our dream SE16… Continue reading SE16’s Property Market Enigma:
SE16’s Over-50s Wealth Hits Record High as Generational Property Gulf Grows
The SE16 property market is proving increasingly difficult for some younger SE16 buyers, but mature homeowners have benefitted immensely from rising house prices in the last few decades. How wealth is spread across the generations will always be a controversial issue, significantly as the Baby Boomers (those born between 1946 and 1964) and the older… Continue reading SE16’s Over-50s Wealth Hits Record High as Generational Property Gulf Grows
SE16 First-time Buyers Keeping our Local Property Market Afloat
The SE16 housing market is relativity buoyant, thanks to an unexpected group of people – SE16 first-time buyers. Many SE16 tenants are annoyed with competing for SE16 rental properties at high rents. Therefore, over the last 12 months, many renters have been stretching their finances to get on the SE16 housing ladder, despite sky-high mortgage rates. Using… Continue reading SE16 First-time Buyers Keeping our Local Property Market Afloat
SE16 Homeowners Worried About the Property Market?
The Latest Quarterly Data Might Surprise You! In my articles on the SE16 property market, I like to provide an insight into the real story of what is happening in our local (and national) property market and address the misconceptions that some of the media have been spreading. Despite almost daily reports of a housing… Continue reading SE16 Homeowners Worried About the Property Market?
Why Does it Still Take 123 Days to Buy a SE16 House?
As an experienced SE16 estate agent, I have seen many SE16 homeowners frustrated by how long it takes to buy and sell their property and complete the sale. In this article, I will explain why buying and selling a home in SE16 takes so long and how you can speed up the home-buying process. One… Continue reading Why Does it Still Take 123 Days to Buy a SE16 House?
Bought an SE16 buy-to-let property with a sitting tenant recently?
As an SE16 landlord, it’s important to understand what happens to a tenant’s deposit when you decide to sell your rental property while the tenant is still living in it. If the property is sold with the tenant in situ, the new landlord will need to consider how to deal with the tenancy deposit. Both… Continue reading Bought an SE16 buy-to-let property with a sitting tenant recently?
SE16 Property Market
Is now a good time to buy, or should people wait? As we go into the second quarter of 2023, there is significant uncertainty in the UK economy, leading to uncertainty in the property market. The number one issue is the fight against inflation and the cost-of-living crisis. The Bank of England is working hard… Continue reading SE16 Property Market
Buying a Home in SE16 is Still £2,791 a Year Cheaper Than Renting
With mortgage rates tripling over the last 12 months, one could be forgiven for thinking buying a home in SE16 as a first-time buyer would out of the question. Yet, what if I told you, it is £2,791 a year cheaper to buy a home in SE16 as a first-time buyer than renting, would you… Continue reading Buying a Home in SE16 is Still £2,791 a Year Cheaper Than Renting
The SE16 Property Blog 