According to some newspapers and pundits, the property market boom could soon be over with the increasing interest rates and inflation.In this article, I share the 3 fundamental economic reasons why things are different to the last property market crash.The insider’s way to find out if there will be a property crash....and 4 reasons why buy-to-let landlords are coming back into the Brockley
Brockley and Crofton Park needs 109 additional private rented properties per year to keep up with current and future demand from local tenants.Yet over the last 5 years, Brockley and Crofton Park has lost 228 private rented homes.What are the 5 reasons the supply of private rental properties in Brockley and Crofton Park are falling? What does this mean for tenants and landlords?There has been a ri
Brockley and Crofton Park Household Heating Bills Set to Rise to £18,855,811 in 2022The energy bills of every Brockley and Crofton Park resident will rise in April as the price cap increases to account for the global increase in the cost of gas. Those not on the gas mains will still be hit as the UK uses gas to make 45% of its electricity.So, what can Brockley and Crofton Park residents do t
3 Reasons That Will Make You Want to Stop Being a Brockley and Crofton Park Buy-to-Let Landlord… and the six reasons that will make you want to become oneThe buy-to-let market in Brockley and Crofton Park is about to enter a challenging 12 to 24 months. Yet by looking back at the last recession and what is happening now, there are vital lessons all Brockley and Crofton Park landlords can le
What’s Next for the Brockley and Crofton Park Property Market?There is no doubt that Coronavirus will affect the Brockley and Crofton Park Property Market, but just how?The ensuing economic challenges are going to impact the Brockley and Crofton Park (and UK) property market, yet no one knows the real answer. The newspapers eulogise different opinions, but that's all they are – opi
Is This a Good Time to Buy Your First Home in Brockley and Crofton Park?Should you wait to buy your first home in Brockley and Crofton Park or buy now? What sort of mortgages are available? What sort of deposit is required? These are questions all Brockley and Crofton Park buyers are asking at the moment, yet this week I would like to focus on first time buyers and what it means directly and indir
What have we learned in the first month?From talking to most of the Brockley and Crofton Park estate and letting agents and our own findings, it might surprise many of you that new enquiries from homebuyers, tenants, landlords and home sellers have been at record levels since lockdown was lifted from the property market in mid-May.There are a number of reasons for this. Firstly, we had the pent-up
Isn’t it funny that nobody boasts they are a buy to let landlord anymore? Roll the clock back to the early millennium and you couldn’t go to the local golf club or shop at a Waitrose without someone dropping buy to let into the conversation as easily and as often as the weather.Yet now, Brockley and Crofton Park buy to let landlords have almost pariah status, as they place a brown pape
Despite Government regulations that have been in place since the 26 March 2020, where in-person viewings have been illegal, Brockley and Crofton Park buy to let landlords have during that time been chomping at the bit to build their property empire by looking at buying additional properties to their Brockley and Crofton Park buy to let portfolio.There are plenty of investors who think nothing of l
An immediate fallout of the Coronavirus pandemic is that it has placed many Brockley/Crofton Park families house moves on hold. Government guidelines state all home buyers and home sellers who are in the process of selling their Brockley/Crofton Park home and moving to a new home must adapt to these temporary arrangements, adjusting their usual practices, agreeing different dates to the house move
As a property seller, you will want to achieve the best possible price for your home.Setting the right asking price is crucial when it comes to selling your property, but some potential buyers may want to haggle, so you will want to make sure that you are in a good position to negotiate in order to achieve the right sum for your home.At Bryan & Keegan, we have used our knowledge and experience
If you are selling your home, you will inevitably want to know the current house price situation in the area in which you are looking to sell.This will not only give you a good indication of what your home could eventually sell for, it will also enable you to set an asking price that is fair, realistic and taking into account factors such as local market conditions and buyer demand.But how are pri
Before putting your home on the market, it’s crucial that it’s completely ready for a sale and that you’ve done all you can to maximise its value.Making sure your home is fully prepared and looking its very best will also improve your chances of both achieving your asking price (or above) and pushing through a fast transaction.What, though, do you need to consider before putting
A top-quality rental property is a valuable asset for landlords for a number of reasons.If you have tenants already in place, a home that is improved over time is likely to encourage them to stay for the long-term. If you don’t currently have tenants, or are letting out property for the first time and want to occupy your rental home as quickly as possible, this will be far easier to achieve
As we gradually move through the summer months, the days last longer, the sun casts a warm glow and the outdoors blossom with colourful flowers.And, as the weather changes, it might be worth thinking about how you can change your home’s interior to reflect the warmer months – especially if you’re thinking of selling in the near future.With this in mind, we take a closer look at f
With the UK private rented sector continuing to grow, landlords must work harder to get ahead of the competition. This means that you will need to do everything you possibly can to attract the best prospective tenants.And, while the criteria might change depending on whether you are letting to short or long-term tenants, there are some factors that most tenants will take into account when searchin
One of the major costs you have to consider when becoming a landlord, or expanding your existing portfolio, is stamp duty.But what are the rules for landlords? Here, using our experience of operating in the South East London lettings market, we take a closer look at how the system works.Stamp duty, and then someIn England, anyone buying a property over a certain price must pay stamp duty land tax
One of the biggest property market debates – other than Brexit – is online estate agents versus high street agents.There has been a significant rise in the number of online and hybrid firms in recent years. In fact, a study from TwentyCi revealed that online agents had a 7.2% share of the market in 2018.If you’re a seller considering using an online agency for the perceived lower
Change your central heating timerNot so much need for the radiators anymore so turn it off! You will be amazed at how much your energy bills will reduce in the summer months.Make room for ice cream!A good time to clean out and defrost your Fridge and Freezer. Not only will this make room for ice cream but will give you a chance to ‘stock take’ We’ve all got those elusive Tupperwa