Stepping into the world of the property market is akin to stepping into a rhythm. The beats of buying and selling, supply and demand form the underlying tempo. SE16, an area rich in history and character, is no exception. As we venture into the last quarter of 2023, it’s crucial to understand the current property… Continue reading SE16’s Property Market Pulse: Deciphering the Latter Half of 2023
Understanding SE16’s Property Market:
The Hidden Perils of Overpricing Your Home in SE16’s Cooling Market In an age of soundbites and sensationalism, the UK property market—particularly here in SE16—often finds itself misconstrued by general narratives. While we cannot ignore the challenges of increasing mortgage rates and shifting buyer preferences, it is vital to appreciate the broader context to understand… Continue reading Understanding SE16’s Property Market:
The Emergence of Accidental SE16 Landlords in a Slowing Housing Market?
A SE16 landlord remarked to me the other day that he felt that there were more ‘posher’ up-market properties coming up for rent in the last six months compared to a couple of years ago. I stated that this was the case, and it wasn’t all down to the recent rental growth – it was… Continue reading The Emergence of Accidental SE16 Landlords in a Slowing Housing Market?
The Changing Landscape of SE16’s Housing Market: Exploring the Ethical Dimensions of Buy-to-Let Investment.
SE16 has witnessed a profound transformation in its housing landscape over the last few years, and the surge in private renting has led to significant debates about the morality of the buy-to-let market. Let us look at the current statistics compared to 40 years ago to show the seismic shift. Looking at our local authority… Continue reading The Changing Landscape of SE16’s Housing Market: Exploring the Ethical Dimensions of Buy-to-Let Investment.
The Untold Story of SE16’s Terraced Houses
Call me old-fashioned and nostalgic, but I am fond of terraced houses. I’ve conducted some research that my fellow readers of the SE16 Property Market Blog will find intriguing! Architecturally speaking, the terraced or townhouse has been prevalent in the UK since the late 1600s. It involves a row of symmetrical houses that share side… Continue reading The Untold Story of SE16’s Terraced Houses
14 Reasons Not to Fear SE16 House Price Drops
The SE16 property market experienced a boom between the summer of 2020 and late summer of 2022, fueled mainly by pandemic-induced trends such as the stamp duty stimulus, low mortgage rates, the race for space, and the rise of remote working. 2023 has presented a different story for the SE16 housing market, with cooling demand,… Continue reading 14 Reasons Not to Fear SE16 House Price Drops
SE16 Rents Smash Through the £2,200 Barrier. Are SE16 Landlords Profiteering?
The private rented sector for both SE16 landlords and SE16 tenants is facing immense challenges, with a shortage of available homes for rent putting renters under significant pressure. And you can see why when the average UK rent in 2021 was £1,381 and in 2023 it has been £1,706, an increase of 23.53%. Let’s look… Continue reading SE16 Rents Smash Through the £2,200 Barrier. Are SE16 Landlords Profiteering?
The Rise of Bungalows in the SE16 Property Market
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
Why Does it Take 213 Days to Sell a Home in SE16?
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?
Unlocking the Secrets of the SE16 Property Market Across Different Price Ranges
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
