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There is no denying that first-time buyers have long felt a sense of frustration in trying to get on to the property ladder in London. There are many factors which impact on the ability to buy homes but there was a belief that first-time buyers were being prohibited or even blocked from buying property because landlords and investors were buying a high proportion of the available property. This belief was seen in the fact that the Government has introduced so many regulations and measures that support first-time buyers while minimising landlords ability to pay, and there is a suggestion that these measures have paid off.

Given the challenges of the rental market in London, it is fair to say that landlords have a trying time running their business. At Oaks Estate Agents, we are on your side, which is why we work hard to ensure you remain up to date with the latest regulations and rules that impact on your business. There is a change coming into effect on the 1st of October 2018 and it will affect many landlords in Streatham and across the capital. The latest issue which is being focused on the rental market is HMO letting.

Even though there are many factors that impact on the London property market, there is agreement that a lack of suitable homes causes major problems. Even reviewing the market in a simple manner and considering the nature of supply and demand suggests that when demand is significantly greater than the supply of property, prices will rise. Topics like Brexit and interest rates receive a lot of attention when it comes to house prices in London and the UK but there is a need for more homes to be supplied.

If you are looking to sell your home, it is imperative that you know how competitive the market is. There is a lot of talk about how the number of prospective buyers for property is greater than the supply of homes, but this doesn’t make it easy to sell your home. You need to find a way that stands your home out from the crowd and which makes sure that any prospective buyer remembers your property, no matter how many they have looked at.

Hopefully Streatham will be bathed in sunshine this summer but getting away during the summer months isn’t just about pleasant weather. If you are seeking the sun, hopefully you will get the weather you desire but for many people, a good summer trip is about getting away from it all.

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