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Herne Hill House Prices Fall 2.3% in a Year What does that mean for local Landlords and Homeowners?

The balancing act of being a Herne Hill Buy To Let landlord is something many do well at. Talking to numerous Herne Hill landlords, they are very aware of their tenants’ capability to pay the rent and their own need to raise rents on their rental properties.  Despite the ‘perceived ‘dark clouds of Brexit, evidence […]

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New Home Building in Herne Hill and Lambeth 2018 rises to 31.8% above the post Millennium average

Nationally, the number of new homes created in 2018 was 222,194, the highest since 1989. Yet since 2002, the average number of properties built in the UK has only been 146,700 per year. You would think, seeing all the new homes sites around, you could ask are we building too many houses, especially off the

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Home Ownership among Herne Hill young people has more than halved in 20 years

The proportion of 25 to 34-year olds who own their home in Herne Hill has more than halved in the last 20 years, so what does this mean for all the existing Herne Hill landlords and homeowners together with all those youngsters considering buying their first home? Well, looking at the numbers in greater detail,

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Herne Hill Property Market vs Sth East and UK Property Market

Anyone would think that national news, especially when it comes to talking about the property market, is just focused on London centric. In fact, over the last 5 years, the London property market has really manipulated the UK on averages to such an extent that many lenders like the Halifax and Nationwide publish two indices,

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As 47.1% of Herne Hill Property on the Market is Sold Are there any bargains because of Brexit?

Bargains – well yes and no – and let me explain why. To find a bargain you need to know the ‘market’, yet there is not one ‘property market’ in the UK. In fact, the British property market is like a fly’s eye, it looks one whole but in fact it is split into lots

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Herne Hill House Prices up 33.7% in the last 5 Years

Over the last 5 years, we have seen some interesting subtle changes to the Herne Hill property market as buying patterns of landlords have changed ever so slightly. The background to this story was the recently published set of buy-to-let (BTL) lending statistics. Roll the clock back 12 months and 6,700 BTL mortgages were granted

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Herne Hill Tenant’s Deposits held total £3,812,765

With the Government preparing to control tenant’s deposits at five weeks rent, Herne Hill landlords will soon only be protected in the event of a single month of unpaid rental-arrears, at a time when Universal Credit has seen some rent arrears quadrupling and that’s before you consider damage to the property or solicitor costs. It

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