Brockley and Crofton Park’s Millennials to Inherit £345,386 Each From Their Baby Boomer Parents
By published on 27/07/2022
The total value of homes owned by Baby Boomers in Brockley and Crofton Park alone is £1,243,782,628 – and two-thirds of the Brockley and Crofton Park Millennials are set to inherit all that in the next few decades!Could this be the answer to the housing crisis?Could Brockley and Crofton Park Millennials live it up for the next few decades, safe in the knowledge they will get a huge lum
Brockley and Crofton Park Starter Homes are 32.9% Cheaper Today Than in 1989
By Lauren Jarman published on 14/07/2022
Even though the average value of a Brockley and Crofton Park first-time buyer property has risen by 451.6% since 1989 to £428,870, the monthly payments Brockley and Crofton Park first-time buyers must make on their mortgages as a proportion of their take-home pay is 32.9% less today compared to 1989.Today, according to the Nationwide Building Society …the average Brockley and Crofton
The Brockley and Crofton Park property market is on the verge of a ‘tipping point’.The rate of house price growth has started to ease with a reduction in the number of properties that will sell in Brockley and Crofton Park in the coming 12 to 18 months.Yet, rising interest rates and the cost-of-living issues won't knock everybody out of the property market and there shouldn't b
Should you buy now or wait for the bargains? Many commentators believe we have seen the peak of the Brockley and Crofton Park property market.So, should savvy bargain hunters wait for house prices to fall?Or could postponing your house buying for any anticipated house price drop be a costly mistake?Over the last two years, the Brockley and Crofton Park property market has been a rollercoaster ride
Brockley and Crofton Park Property Market to Crash in 2022?
By Lauren Jarman published on 19/05/2022
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
By Lauren Jarman published on 02/03/2022
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?
By Bryan and Keegan published on 16/07/2020
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
The Brockley and Crofton Park Post Lockdown Property Market
By Bryan and Keegan published on 01/07/2020
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
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
Brockley and Crofton Park Families in Limbo Due to Coronavirus
By Bryan and Keegan published on 20/05/2020
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
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 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
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