We at Metro Village want to make you aware of some important changes that are coming into effect from April 2026. The UK Government is introducing Making Tax Digital (MTD) for Income Tax, which will affect how landlords report their income tax to HMRC. The original plan was for Landlords income of £10,000 or more… Continue reading New tax rules for SE16 buy-to-let landlords from 2026
Author: kieranmetrovillagecom
Unveiling the Secrets of SE16’s Housing Market: Insights from the 2021 Census
The property market is one of the most important economic indicators, as it can significantly impact the prosperity of both the local and national economy. Recently, new data from the Census 2021 has become available that sheds light on seldom discussed areas of property, such as the types of properties SE16 has, together with how… Continue reading Unveiling the Secrets of SE16’s Housing Market: Insights from the 2021 Census
Is it Now or Never for the SE16 Property Market?
Traditionally, the first four months of the year are usually an estate agents’ busiest time for house sales. However, if the last three years have taught us anything, nothing is ‘normal’ and ‘usual’ anymore. The SE16 property market is finding that with the friction of higher mortgage rates and the effects of inflation on household… Continue reading Is it Now or Never for the SE16 Property Market?
Cautious Optimism in the SE16 Property Market
As the British and SE16 property market navigates the ongoing economic turmoil, many SE16 homeowners and landlords may feel uncertain about the future. However, up-to-date data suggests that the 2023 property crash predicted by the many newspapers and the usual clickbait doom-mongers in the lead-up to Christmas on social media, may not be as bad… Continue reading Cautious Optimism in the SE16 Property Market
Is your SE16 home bigger than 764 sq ft?
SE16 Homeowners – Do you know how big your SE16 home is? What is the square footage of your SE16 home? Don’t worry, most of us don’t – yet it could be fundamental as SE16 home buyers search for new homes. Us Brits are obsessed with our homes, yet most SE16 homeowners need to learn… Continue reading Is your SE16 home bigger than 764 sq ft?
50% of SE16 house sellers in 2022 had only been in their old home on average 6 years and 35 weeks
The share of Brits moving each year has been declining since the late 1980s (when at one stage, people moved every eight years), yet since the pandemic’s beginning, something has appeared to upset that trend. Newspaper stories and social media posts painted a picture of homeowners moving from the city centres to its suburbs, from the… Continue reading 50% of SE16 house sellers in 2022 had only been in their old home on average 6 years and 35 weeks
Is Buy-to-Let in SE16 Still Worth the Risk?
Over the last five years, life has become a little trickier for SE16 landlords, with changes to their taxation status, mortgage interest relief and an additional 3% stamp duty for a buy-to-let property, and has made lots of SE16 landlords ask themselves: ‘Is buy-to-let in SE16 still worth the risk?’ Regarding taxation, in 2016, the Government… Continue reading Is Buy-to-Let in SE16 Still Worth the Risk?
SE16 Property Market Update: February 2023
Read the article to find out what is happening to the SE16 property market. As we enter February, the SE16 (and British) property market is full of mixed messages. Whilst the Bank of England increased the base rate 10 times in 2022, meaning they are now at 4% (3.5% higher than 12 months ago), mortgage… Continue reading SE16 Property Market Update: February 2023
SE16 Baby Boomers and their 1,703 Spare ‘Spare’ Bedrooms
An additional 6,261 spare bedrooms have been locked out of the Southwark housing market since 2011 as Britain’s ageing population means the country’s stock of homes is being used more unproductively. The number of spare bedrooms in Southwark between2011 and 2021 increased from 63,273 to 69,534. The number of Southwark households living in properties with… Continue reading SE16 Baby Boomers and their 1,703 Spare ‘Spare’ Bedrooms
Thatcher’s Dream Alive as Homeownership in SE16 Increases
In her first conference speech as the Tory’s new leader in 1975, the grocer’s daughter from Grantham, Margaret Thatcher, asserted her conviction in a ‘property-owning democracy’. Although Thatcher didn’t conceive the saying – (that credit belonged to Conservative MP Noel Skelton in 1923), it encapsulated what she thought Britain should be. Through prudence, saving and… Continue reading Thatcher’s Dream Alive as Homeownership in SE16 Increases
The SE16 Property Blog 