

Patient London FTB
Members-
Content Count
1,194 -
Joined
-
Last visited
Content Type
Profiles
Forums
Calendar
Everything posted by Patient London FTB
-
Can’t see this underpinning rents, but what has been doing so is the slowdown in sales of newbuilds to landlords. Unless they’re bought by owner occupiers then they stay empty and don’t hit the rental market. But recent signs are that big overseas investors are buying flats in bulk off anxious London developers, so expect rents to fall again this year.
-
RICS- House sales outlook weakest on record
Patient London FTB replied to Nabby81's topic in House prices and the economy
Correct. July 2017 was the peak for London FTB prices. -
House price correction and rent correction
Patient London FTB replied to Freki's topic in House prices and the economy
View from a London-watcher is that 5-15% drops in rents would be the most you could realistically hope for over the next two years, but the important thing is not how that changes your rent/buy calculations but how it changes the hold/sell calculations made by the landlords and their lenders. The landlord mindset is going to completely change as it becomes clearer that the immediate future means choosing between between eating voids and dropping rents, while their tax payments rise and their capital values fall. Sit tight for a couple of years, wait til you see the whites of their e -
They only count the houses that actually sell!
-
Ditto in SE1. Stock of unsold one bed flats up 66% in a year.
-
It's Rightmove, they do it for London and for Britain. London's been slowing for ages but the rest of the country has been speeding up. Areas near London could be slowing too due to the ripple, but you can't prove that with Rightmove data. RICS is worth a look in that it will show whether sales volume expecting to rise or fall in different regions though.
-
Record number of BTL selling up
Patient London FTB replied to a topic in House prices and the economy
True that ARLA's adventures in stats are an absolute joke -
When Interest Only Terms End
Patient London FTB replied to Bland Unsight's topic in House prices and the economy
Borrow short, lend wrong -
What’s telling for me in London is the data shows the Autumn Budget stamp duty cut for FTBs has made absolutely zero difference to prices and transactions. It’s as if it never happened.