It’s no great revelation that young people in SE16 are finding it increasingly difficult to buy a home. Rising living costs, modest wage growth, and stricter mortgage lending rules have all contributed to a noticeable shift in the housing landscape. For many under 34, homeownership feels more like a long-term goal than a near-term reality.… Continue reading Generation Rent or Generation Patient?Why SE16’s Under-34s Are Taking Longer to Buy a Home
Category: Lettings
Southwark’s £123 Million a Year Rentirement’ Time Bomb
The Hidden Crisis Facing the Area’s 50- and 60-Something Renters You’ve heard of retirement. But what about ‘rentirement’? It’s not a typo. It’s a ticking time bomb. There are 4,356 households in Southwark, aged between their early 50s and mid-60s, renting privately, not owning the Southwark homes they live in. They’re heading towards retirement age… Continue reading Southwark’s £123 Million a Year Rentirement’ Time Bomb
SE16 Rents Soar From £1,745 to £2,161 a Month Since 2016
The private rental sector in SE16 has seen a 23.8% increase in average rents since 2016, according to data compiled by TwentyEA and Denton House Research. That headline statistic is bound to catch a lot of attention. For tenants, it may raise concerns. For SE16 landlords, it is a sense of validation after years of… Continue reading SE16 Rents Soar From £1,745 to £2,161 a Month Since 2016
Understanding the Property Market: £/sq.ft Trends in the UK, Inner London and SE16
The property market in the UK is a complex and multifaceted entity, characterised by a myriad of factors that influence property prices and values. One of the critical metrics often underutilised to gauge the value of property is the price per square foot (£/sq.ft). This figure provides a standardised measure, enabling comparisons across different regions… Continue reading Understanding the Property Market: £/sq.ft Trends in the UK, Inner London and SE16
1 in 3.1 SE16 Homes are in the Private Rented Sector:
The Resilient Growth of SE16’s Private Rented Sector with a Decade of Opportunities Amid Challenges As SE16 strides into the future, the burgeoning private rented sector has continued to house many of its residents. The decade-spanning 2011 to 2021 saw a significant surge in the private rented sector, a testament to the enduring appeal and… Continue reading 1 in 3.1 SE16 Homes are in the Private Rented Sector:
SE16 Tenants Face Further Rent Hikes, as the Number of Available Rental Homes Drops by 66%
The SE16 rental property shortage is currently very evident. In this article, I will investigate why there is such a significant lack of homes available for rent across SE16 and what it means for buy-to-let investors. Anybody who enjoys surfing the property portals (Rightmove, Zoopla and On the Market) will have observed an emerging trend that the… Continue reading SE16 Tenants Face Further Rent Hikes, as the Number of Available Rental Homes Drops by 66%
What Will Rishi Sunak as PM Mean for Rotherhithe House Prices?
I often get asked what is going to happen to Rotherhithe house prices. Many things affect house prices, and it comes down to simple supply and demand. On the supply side of the equation, in the short-term, the number of people wanting to sell their property at any one time has a massive effect on… Continue reading What Will Rishi Sunak as PM Mean for Rotherhithe House Prices?
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