Category: House Prices

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…


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…


Brixton Homeowners Sell Their Home 3% More Than the UK Average

The average homeowner in the UK moves every 20.2 years…

That average in the 1970’s and 80’s was around every 10 to 11 years; in the 1990’s it increased to the mid-teens (in terms of years) and in the early part of the Millennium, it dropped again to the low teens. When we had the Credit…


Brixton Property Market

Do We Have the Right Sort of Brixton Homes For the 21st Century?

Would it surprise you to know that in some parts of Brixton, predominantly prosperous areas with high proportions of mature residents, the housing crisis is not one of supply so much as dispersal of that supply? Theoretically, in Brixton there are…


20,700 houses and apartments sold in Brixton, Only 5.4% New Builds

5.4% of all Properties Sold in Brixton are New Builds

Brixton residents might be surprised that only 5.4% new builds were sold in Brixton, when new builds seem to be everywhere!

New development completed this year on the site of a former council office, which offers 94 new homes in the centre of Brixton, 40%…


19% less homes for sale in Brixton than a year ago

 

One of the key factors of the health of the Brixton property market is the number of properties for sale at any one time. The issue with housing is that when demand goes up, unlike with a chocolate bar factory, who can add a couple of hours overtime to increase supply/production to satisfy demand, it…


London sign

London House Listings Hit Three Year High

While it is important to be aware that there is no one single factor that shapes the property market, it is good to know that not every factor has the same influence or power on the market. While Brexit is the influencing factor that the media focuses on, the current shape of the London and…


Brixton Landlords: Does Letting Fees Ban Affect You?

If you are a landlord, you know how challenging the market is. A lot of outsiders see rising rental fees and assume that landlords are making huge profits but of course, this is far from the full story. Having worked closely with many Brixton landlords, I know how difficult it is for landlords to meet…


Asking Prices In London Are Too High: Manage Expectations

There has been so much written and said about property prices in London that it is easy to see why many people have been left jaded or bored with the discussion. However, given the importance of property, it is natural that people retain an interest and want to be fully informed when it comes to…