During the pandemic, the property market experienced a surge in demand for larger SE16 homes with spacious gardens. However, the tides are shifting, and a new trend is emerging. The combination of an ageing SE16 population, the post-Covid trend for early retirement and economic uncertainty has sparked a newfound love for downsizing. And surprisingly it… Continue reading The Rise of Bungalows in the SE16 Property Market

The average time to sell a house in the UK from start to finish is 170 days, equivalent to 24.3 weeks or 5.6 months from the first day of marketing to legal completion, whilst in SE16 it’s 213 days. The actual time can vary depending on market conditions, location, property type, and pricing strategy, so… Continue reading Why Does it Take 213 Days to Sell a Home in SE16?

As a SE16 estate agent, I have witnessed first-hand how the SE16 property market operates and the various factors that influence property sales. One intriguing aspect is the difference in saleability across different price ranges. In this article, we will delve into the dynamics of selling properties in relation to their price ranges and explore… Continue reading Unlocking the Secrets of the SE16 Property Market Across Different Price Ranges

Is SE16 a Buyers’ or Sellers’ Property Market? A Comprehensive Guide for SE16 Homeowners In the ever-changing world of SE16 property, the terms ‘buyers’ market’ and ‘sellers’ market’ are phrases bandied about. These property market conditions can significantly impact your ability to buy or sell a SE16 property, regardless of which side of the fence… Continue reading Is SE16 a Buyers’ or Sellers’ Property Market?

There aren’t enough homes in SE16. The answer is clearly to build more property in SE16 (and Southwark as a whole) – but that, unfortunately for those badly seeking to buy or rent a home in SE16, takes a lot of time and massive amounts of money. So, what other solutions are there? Talking to… Continue reading Shocking Revelation: 4,452 Properties in Southwark Borough Remain Empty Leaving 11,304 People on the Council House Waiting List in Despair

A Shift in Types of SE16 Properties Purchased Over the Last Two Years The SE16 property landscape is constantly evolving, shaped by societal, economic and cultural factors. The type of properties people have bought in the last few years since Lockdown One has undergone some notable changes, reflecting shifting preferences and lifestyle choices. This article… Continue reading Evolving SE16 Property Preferences:

“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?

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.