Many SE16 people I talk to in their late 30s to late 40s are relying on the inheritance from their Baby boomer generation parents to help them in their home buying and retirement future. It is true there is £2 trillion (£2,040,861,524,790 to be exact give or take a few pennies) tied up in equity… Continue reading SE16’s £3.19 Billion Inheritance from Baby Boomers Won’t Save Gen X and Millennials
Category: General
98 Days to Sell a Property in SE16
Whether you are a SE16 landlord looking to liquidate your buy-to-let investment or a SE16 homeowner looking to sell your home, finding a buyer and then getting the legal work done can take a frustratingly long time. It is a step-by-step process that can take many months. One of the worst parts of house selling… Continue reading 98 Days to Sell a Property in SE16
The SE16 Property Market Report: March 2024
As a practiced estate and letting agent based in SE16, I like to monitor the SE16 property market, compare it to the UK property market, and then share it with SE16 homeowners and landlords. For February 2024, the UK property market has seen a continuation of the solid start in the first month of the… Continue reading The SE16 Property Market Report: March 2024
SE16’s Restless Homeowners:
The 6 Year 26 Week Itch in the SE16 Housing Market There are 28.4m households in Britain, of which 17,693,200 are owned, worth a total of £5,127,807,837,600 (£5.1 trillion). When you add all the private rented homes and council houses, that figure reaches just over £8.5 trillion! Over the last six years, 76,669 UK properties… Continue reading SE16’s Restless Homeowners:
21.85% of SE16 households are 3-bedroom homes. Is that enough?
As an estate agent with a keen eye on local SE16 property trends, it becomes imperative to delve into the nuanced landscape of property types, mainly through the lens of bedroom distribution across various tenures. This analysis enriches the knowledge base of SE16 homeowners and landlords and positions them advantageously in making informed decisions. At… Continue reading 21.85% of SE16 households are 3-bedroom homes. Is that enough?
How has the Spring Budget affected SE16 Homeowners and Landlords?
The Spring Budget 2024 this afternoon has introduced some changes that could significantly influence your SE16 property strategies and investment outcomes. Here’s a comprehensive mini update: Capital Gains Tax Cut: A major highlight is the reduction in the higher rate of property Capital Gains Tax from 28% to 24%. This tax is applicable when you… Continue reading How has the Spring Budget affected SE16 Homeowners and Landlords?
The Future of the SE16
Buy-to-Let Market in 2024 The UK’s property market is facing a significant challenge as the availability of homes for rent has plummeted to its lowest level in five years, exacerbating the difficulties tenants face in finding affordable accommodation. This alarming trend was highlighted in a recent analysis, which revealed that in 2023, only 261,542 private… Continue reading The Future of the SE16
House Sales Up 14.8% on 2023 as Mortgage Rates Fall
Yet is it a sellers’ market in SE16? The number of agreed UK property sales until the last Sunday of January (28th) is 8.35% higher than a year ago. Tumbling mortgage costs have encouraged buyers and sellers to return to the property market. There is a more buoyant picture for the UK property market in… Continue reading House Sales Up 14.8% on 2023 as Mortgage Rates Fall
To Sell or Not to Sell Your SE16 Home in 2024?
As a seasoned estate agent serving the SE16 community, I’ve always prided myself on offering transparent, informed advice to local homeowners. Today, I’d like to provide a balanced perspective on the current housing market trends and what they could mean for those contemplating selling their SE16 homes. The housing market is an ever-evolving landscape, and… Continue reading To Sell or Not to Sell Your SE16 Home in 2024?
The UK Property Market in 2024:
A Robust Start with Implications for SE16 As an experienced estate and letting agent based in SE16, I have been closely monitoring the trends in the UK property market. As of January 11th, 2024, the market has shown a solid start, a trend worth exploring, especially in how it might mirror or differ from the… Continue reading The UK Property Market in 2024:
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