What is going to happen to Stamp Duty on 11th March?

Brixton Property Market
What is going to happen to Stamp Duty on the 11th March and how will affect the value of your Brixton Property?

 3% additional Stamp Duty surcharge on non-UK resident buyers?

Some are asking if Sunak will impose what was promised with the 3% additional Stamp Duty surcharge on non-UK…


35,273 People Live in Rented Accommodation in Brixton

 

That number surprised you didn’t it? With the General Election done, I thought it time to reflect on renting in the manifestos and party-political broadcasts and ask why?

As the best way to tell the future is to look at to the past, so we decided to look at the number of…


Rents in Brixton’s increased by 3.29% in the past 12 months

Over the past five years, the thumbscrews on the buy to let market for British (and de facto) Brixton investors have slowly turned with new barriers and challenges for buy to let investors. With the change in taxation rules on mortgage relief starting to bite plus a swathe of over 320…


32.9% of Brixton and Lambeth homeowners are mortgage free

How Many Brixton Homeowners Have Paid Their Mortgage Off?

The Government’s Annual Housing Survey is 50 years old this year! 

It has taken a snap shot of the UK’s property market every year since 1969 and in the recently published report for 2018, it wasn’t a surprise that owner occupation is still the most predominant…


New iPhone11 or mortgage deposit?

The money to buy a new iPhone11 represents just over an eighteenth of a Brixton first-time buyers mortgage deposit

Many mature readers of this Brixton property market blog will remember buying their first home as 20 or 30 somethings, probably in Brixton many years ago, yet read the newspapers now and feel it is…


Property values in the Brixton area are 4.5% lower

Brixton Property Market Update Summer 2019

With record low interest rates at 0.75%, low unemployment rates of 3.8%, and decent mortgage availability, Brixton buyers have a lot going in their favour, aside from the perceived political uncertainty. Even those with low deposits – there were 224 mortgage deals available on the day…


Brixton OAP’s are sitting on £581.3m of equity

41.1% of Brixton OAP’s own their own home … and they are worth £581.3m

Yes, that number is staggering isn’t it ….

Of the 2,708 households in Brixton where the head of the household is 65 years or older, an astounding 1,113 (or 41.1%) of those are owned, which is far below the national average…


Are Brixton Builder’s Constructing the Wrong Type of Property?

The British housing market has never been so newsworthy.

Every other day, there is an article in the newspaper or online about impending house price drops, house price rises, building on green belt, mortgage rates up/down, first time buyer affordability and the woes of being a buy to let landlord, to mention but a…


The Brixton Monopoly Board

Board games seem a thing of the past for youngsters nowadays with their consoles and mobile phones yet a family favourite in our household that will bring young and old together is Monopoly.

Mayfair is the square everyone wants to buy and whilst it is the most expensive to buy – it offers the greatest returns….


Brixton and Lambeth Council House Waiting List Drops by 2.2% since 2011

In 1979, more than 4 in 10 British people lived in a council house, yet today that figure is only 1 in 12!

According to Shelter 65% of families on the Council House waiting lists had been on those lists for more than a year and 27% had been waiting for more…