Category: Local News

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…


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 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…


Only 43.3% of Brixton Households are Eco-friendly

Improving the energy efficiency of Britain’s 27.2 million homes, which are responsible for more than a quarter of the country’s CO2 and other greenhouse gas emissions, is seen as key to tackling the issues of climate change, fuel poverty and our country’s energy security.

This is particularly important as in June the Government announced they…


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…