Gazundering on the Rise: What South London Sellers Need to Know!
The Clapham Property Blog
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4M ago
  Introduction Hey there, South Londoners! Are you familiar with the term 'gazundering'? If you're planning to sell your property in areas like Clapham, Bermondsey, or Lewisham, you'll want to keep reading. Searches for 'gazundering' have seen a rapid escalation, and here's what it means for you as a seller in South London. What is Gazundering? Simply put, gazundering is when a buyer lowers their offer on a property shortly before the sale is finalized. This tactic can be stressful and unnerving for sellers, and it’s gaining traction in today's strengthening buyers' market. Why South Lo ..read more
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Why There's Never Been a Better Time to Sell Your South London Property: 5 Unmissable Benefits
The Clapham Property Blog
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4M ago
  Hello, South Londoners! Considering selling your property in Wandsworth, Peckham, or maybe Clapham? You're in luck. The current market is ripe with opportunities for sellers. Here are five compelling reasons why now is a fantastic time to cash in on your South London home. 1. High Demand in Trendy Neighbourhoods From the bustling streets of Brixton to the tranquil greens of Dulwich, South London is hot right now. There's high demand for properties, especially in trendy locales. If you're a homeowner in one of these sought-after areas, you could be sitting on a goldmine. 2. Record-Low ..read more
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Renters' Reform Bill Advances: What South London Homeowners Need to Know!
The Clapham Property Blog
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4M ago
  Hey there, South Londoners! A piece of legislation that could significantly change the way landlords and tenants interact is making its way through Parliament. The Renters' Reform Bill recently passed its second reading without a vote, and it's something anyone invested in the South London property market should keep an eye on. Why It Matters to South London Here in areas like Clapham, Brixton, and Wandsworth, we have a unique mix of homeowners, tenants, and landlords. Any change in the law affects us all, from property values to rent rates. Understanding the implications of the Rente ..read more
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South London's Property Market Thrives as Buyer Opportunities Multiply!
The Clapham Property Blog
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4M ago
Good news, South Londoners! Recent data indicates that the buyers' market is getting even stronger, thanks to a significant surge in property stock. If you've been on the fence about diving into the property scene, now may be the ideal time. Here's why. A Stock Surge Like No Other The UK has seen a notable increase in property stock recently, offering a wider range of options for buyers. This trend is especially evident in South London's communities like Clapham, Brixton, and Croydon. From charming period homes to contemporary apartments, the options are practically endless! The Buyer’s Adv ..read more
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The UK Property market is on the decline. Clapham has other ideas!
The Clapham Property Blog
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4M ago
Recent data has showcased some concerning trends for the UK property market: residential property sales have declined by 12% over the past quarter. However, the Clapham property market seems to be on a different trajectory. Let's delve into the numbers and see how Clapham stacks up against the national statistics. National Downturn Latest reports suggest that residential property sales in the UK have suffered a decline of 12% over the past three months. Numerous elements, including economic factors and governmental policies, have been cited as contributing causes. While many regions are gra ..read more
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What South London Homeowners Really Think Abou...
The Clapham Property Blog
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4M ago
What South London Homeowners Really Think About Cooling House Prices Hey South Londoners, from Brixton to Dulwich! Ever wondered how your neighbours feel about the property market's cooling temperatures? eXp UK took a deep dive, surveying over a thousand UK homeowners, and the results might surprise you. Getting On That Property Ladder: Not Just About the Money Before even hunting for that perfect pad, a whopping 89% of surveyed homeowners felt that stepping onto the property ladder was crucial. But it's not all about the money—51% said they just wanted a place to call their own, free from ..read more
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South London's Property Market Alert: Summer Chill Leads to 12-Year High in Price Drops!
The Clapham Property Blog
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4M ago
  Fellow South Londoners, it seems that the scorching sun wasn't the only thing taking a break this summer. According to the latest data from Rightmove, new seller asking prices in areas like Clapham and Brixton have only increased by a marginal 0.4%. That’s the lowest jump we’ve seen in years, leading some to slash their asking prices in a way we haven’t witnessed since 2011. If you've been mulling over the ideal time to upgrade your living situation, now might be your golden opportunity! So, What’s The Score? Despite traditionally being a "hot" season for property, the market this su ..read more
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October's South London Property Market: Time to Make Your Move Smartly!
The Clapham Property Blog
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4M ago
  Hey South London homeowners and property hunters, listen up! October has witnessed the smallest increase in asking prices in 15 years. This unusual slowdown indicates a shifting market, which may offer new opportunities for buyers and sellers alike in South London neighbourhoods from Clapham to Greenwich. The Price Right, the Time's Right Rightmove's latest report shows a minor 0.5% increase (£1,950) in the average new seller asking price this October, clocking in at £368,231. Far below the historic norm of 1.4% for this time of year, this data screams one thing: sellers must price ri ..read more
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How High Interest Rates are Shaping South London's Property Market
The Clapham Property Blog
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4M ago
  Attention South London homeowners and prospective buyers! High interest rates are dramatically affecting the local housing landscape, from property values to the types of homes people are snapping up. A Dip in Mortgage Approvals According to Nationwide's most recent report, the housing market has been quiet, especially when compared to pre-pandemic levels. In August alone, only 45,400 mortgages were approved for house purchases, marking a significant 30% decline from the monthly averages in 2019. This subdued atmosphere is undeniably influenced by rising housing costs in the capital ..read more
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South London Property Market Update: Mortgage Options Skyrocket for Investors!
The Clapham Property Blog
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4M ago
Hey South Londoners, if you've been pondering over jumping into the property investment arena, there’s some fantastic news you won't want to miss! According to the latest reports, there's been a significant upturn in the variety of mortgage options available for would-be and existing property investors. This presents an excellent opportunity for anyone in South London looking to grow their portfolio, and here's why: A Sea of Choices Gone are the days when your mortgage options were limited. According to the latest stats, there has been a whopping 42% increase in mortgage product availabilit ..read more
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