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:
Mortgage War Will Save SE16 Homeowners £5,754 a Year.
In a recent financial turn, SE16 residents are experiencing a wave of relief as mortgage rates across the UK take a surprising dip. This reduction, led by major lenders, signals a potential opportunity for the SE16 housing market, directly affecting homeowners, landlords and first-time buyers in the area. Let’s delve into what this means for… Continue reading Mortgage War Will Save SE16 Homeowners £5,754 a Year.
Why didn’t SE16 House Prices Crash in 2023?
As I review the performance of the SE16 property market in 2023, it’s evident that despite the challenges, the housing sector in the area has shown remarkable resilience. At the beginning of the year, many commentators in January 2023 suggested house prices would drop like a stone in 2023. The Halifax thought there would be… Continue reading Why didn’t SE16 House Prices Crash in 2023?
How the 13.4% Saleability Drop in the SE16 Property Market Might Impact Your 2024 Home Moving Plans
The SE16 housing market, like many others, has experienced a notable shift in 2023. The percentage of home sales agreed and moved (completed) compared to those withdrawn from the market unsold has decreased relative to 2022. Looking at independent data for the SE16 area … In 2022, 39.5% of properties that left the books of… Continue reading How the 13.4% Saleability Drop in the SE16 Property Market Might Impact Your 2024 Home Moving Plans
Embarking on the Landlord Journey: Insights for Aspiring and Seasoned Landlords in SE16
Property investment has long been a staple in British retirement planning. The introduction of the buy-to-let mortgage over a quarter-century ago marked a significant turn, presenting opportunities for dual returns: rental income in the short term and capital growth in the long-term. You can see why there are a substantial number of SE16 landlords who… Continue reading Embarking on the Landlord Journey: Insights for Aspiring and Seasoned Landlords in SE16
Navigating the SE16 Property Market:
The Art of Pricing Properties Right As we stand at the threshold of 2024, facing economic uncertainties and a shifting housing landscape, the significance of correct pricing in SE16’s property market has never been more pronounced. This comprehensive guide delves into the crucial aspects of property pricing and its profound impact on the property market… Continue reading Navigating the SE16 Property Market:
Selling in the New Year
Getting your house ready to sell in the new year is a strategic move. Here at Metro Village, we’ve got some valuable tips to assist you in preparing your home and ways to entice potential buyers: 1. Focus on Key Areas: Begin by giving special attention to the critical spaces in your home, especially the… Continue reading Selling in the New Year
The SE16 Property Blog 