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As local estate agents working across Finchley, we pay close attention to national announcements that influence the property landscape. The Autumn Budget has now been delivered, and while some of the most talked-about changes didn’t materialise, several measures will still have a meaningful impact on the market in the years ahead.
To begin with, the Chancellor confirmed that Stamp Duty will stay exactly as it is. Many expected an update to thresholds, but none came. Likewise, Local Housing Allowance remains frozen, which is disappointing for renters and landlords alike. On the other hand, the Government is moving forward with a new high-value council tax surcharge—often described informally as a “mansion tax”—for homes worth over £2 million. Property income tax is also set to rise, and National Minimum Wage increases were confirmed.
Rental Market and Short-Term Let Changes
Landlords—especially those operating in areas with strong rental demand such as Finchley—should note that from April 2027, property income tax will rise by 2 percentage points across all three rates (bringing them to 22%, 42% and 47%).
In addition, regional mayors will gain the power to introduce an overnight visitor levy, which could apply to short-term lets. Models already in development in Wales and Scotland give us an idea of what to expect, and a formal consultation will explore the fine details.
For many landlords, these announcements add to a long line of policy changes over the past decade. Adjustments to mortgage interest relief, increased stamp duty surcharges, reduced CGT allowances and the requirements of the Renters’ Rights Act have all steadily reduced net returns. Nationally, this is likely to discourage new investment and could gradually reduce rental supply—pushing rents upward if demand continues to grow.
Sales Market Outlook
The new High Value Council Tax Surcharge will come into effect in April 2028, applying only to properties valued above £2 million, with annual rates between £2,500 and £7,500 depending on the band. While this affects a small proportion of Finchley homes, it’s an important shift at the top end of the market.
Across the wider UK, forecasts remain cautiously optimistic. Average property values are projected to rise from around £260,000 in 2024 to just under £305,000 in 2030. From 2026 onwards, annual house price growth is expected to settle at roughly 2.5%, keeping pace with typical earnings growth.
One thing the Budget doesn’t directly solve is the inefficiency of the buying and selling process. Too many transactions still fall through or experience long delays. The Government’s ongoing consultation on modernising home moves is therefore very welcome.
Key Headlines for Finchley Homeowners, Buyers and Landlords
Stamp Duty unaffected
No updates to thresholds or structure, despite heavy anticipation of reform.
Property income tax increasing in 2027
A 2% rise across all bands, posing fresh challenges for landlords.
Visitor levy powers being introduced
Local mayors could apply a nightly tax on short stays, influencing short-term let profitability.
New high-value council tax bands from 2028
Annual charges ranging from £2,500 to £7,500 for homes above £2 million.
UK house prices expected to continue a steady rise
Forecast to reach just under £305,000 by 2030, with moderate annual growth.
Government consultation on improving the home-moving process
Aims to cut fall-throughs, reduce delays and make transactions more efficient for all parties.
If you’re planning your next move in Finchley—whether upsizing, downsizing, investing or simply keeping an eye on the market—our team is here to help you make sense of these changes and how they might shape your property decisions.
Whatever move you wish to make, David Harris & Co is here for you
At David Harris & Co, we understand what makes Finchley unique. Whether you’re buying, selling, or renting, our local expertise ensures we can guide you to the best decisions for your needs.
Ready to explore Finchley’s lettings market? Contact David Harris & Co for expert advice and a stress-free experience. Call us on 0208 346 9122 to get started.
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Clocks have gone back, inboxes are filling with December move-in queries, and we’re deep into renewal season. Here’s how the Finchley rental market looks right now — and how it stacks up against the wider NW patch — using Home data (2 November 2025).
The headline numbers
At the time of checking, Finchley currently has 204 properties to let. Average rent sits at £2,811 with a median of £2,350. Average time on market (unlet) is 269 days; the median is 51 days — so most well-priced homes go within two months, but there’s a long tail of older listings. Across NW London as a whole, the average is £2,723, median £2,162, with 237 days average ToM and 35 days median. Both Finchley and NW show 0 new listings in the last 14 days in this data cut — we expect that to change as November progresses.
Mix matters (and explains the price gap)
Finchley’s overall average is a touch higher than NW London’s, not because each property type is pricier, but because we offer more family houses. Flats make up 61% of Finchley’s available stock (NW: 71%). Semis are 14% here (NW: 8%), and detached homes are 11% (NW: 3%).
That family-home bias lifts the overall average even though type-by-type pricing is broadly similar or keener than NW.
By property type (Finchley → NW)
● Flats: avg £2,098 vs £2,229; avg ToM 247 vs 237 days.
● Semis: avg £4,054 vs £4,095; avg ToM 296 vs 289 days.
● Detached: avg £5,093 vs £5,838; avg ToM 432 vs 208 days.
● Terraced: tiny sample (just 3 homes) with avg £3,000; treat the 141-day ToM cautiously.
Where the demand is
£1,000–£2,000 pcm: 33% of Finchley stock, avg ToM 170 days (NW: 248). This is our quickest-turning band — think well-located one- and two-beds near East Finchley, Finchley Central, West Finchley and Woodside Park.
£2,000–£5,000 pcm: 56% of Finchley stock (NW: 48%). Avg ToM is 328 days vs 216 in NW — a clear signal to launch at the right price, with strong photography and immediate viewing access.
£5,000+ pcm: 7.4% of local supply (NW: 7.7%), avg ToM 275 vs 228 days — presentation and flexibility (pets, tenancy length) make the difference.
What this means for landlords
Price to the median for your bracket to capture week-one viewings; chasing the average can push you into the long tail.
In the £2k–£5k family band, first-fortnight momentum matters most — we’ll advise on timing and presentation to avoid stalling.
For larger houses, expect longer lead-times; we’ll widen the applicant pool across N2/N3/N12, spotlighting school access and Northern line commutes. Targeting the most appropriate tenants, and connecting with them is essential in letting property. Our expertise in this area ensures you’ll enhance your chances of rental success.
And for tenants
● If your budget is under £2,000 pcm, be ready to move quickly on well-located flats.
● Between £2,000–£5,000, there’s depth of choice in Finchley — use it to secure the right layout, outdoor space and energy performance.
No matter what your situation is, we’re here for you in Finchley and we’re happy to help.
Whatever move you wish to make, David Harris & Co is here for you
At David Harris & Co, we understand what makes Finchley unique. Whether you’re buying, selling, or renting, our local expertise ensures we can guide you to the best decisions for your needs.
Ready to explore Finchley’s lettings market? Contact David Harris & Co for expert advice and a stress-free experience. Call us on 0208 346 9122 to get started.
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Clocks went back recently, poppies are appearing on lapels, and Bonfire Night is around the corner. In Finchley, our experience is that buyer enquiries typically pick up in early November as families aim for a New Year move. At David Harris & Co, we are local estate agents, who live and love Finchley, so we’re always here to assist you with whatever move you wish to make.
Here’s the state of play locally — plus what’s on in and around N2, N3 and N12 over the next few weeks
Micro-market snapshot: N2 · N3 · N12 (sales)
N2 — East Finchley
We’re seeing steady buyer interest for period terraces and 1930s semis off the High Road, with well-finished two-bed conversions around the Phoenix Cinema/Cherry Tree Wood corridor drawing first-time movers. Rightmove’s Finchley averages (2 Nov 2025) give a handy sense-check: flats at £421,538, terraced houses at £791,052, and semis at £989,826. In N2 specifically, proximity to East Finchley station, quiet streets, and good light/loft potential are pushing best-in-class homes above those benchmarks, while doer-uppers are trading a shade under.
N3 — Finchley Central & West Finchley (Church End)
Family buyers dominate here. The classic N3 recipe — 3–4 bed 1930s semis between Finchley Central and West Finchley — maps neatly to the semi-detached average of £989,826. Houses with open-plan kitchens, south-facing gardens, and easy station/school access are still attracting multiple viewings in week one. Smaller period terraces and maisonettes are calibrating to the £791,052 and £668,293 overall benchmarks, with premiums where parking and turn-key condition line up.
N12 — North Finchley & Woodside Park
Around Tally Ho Corner you’ll find a broad mix: purpose-built flats close to the high street and 1930s family houses heading towards Woodside Park. Flats priced around the Finchley average of £421,538 are seeing briskest uptake when they offer lift access and outside space; three-bed semis near the Northern line start from the £989,826 reference point and move fastest when the layout already suits modern family living. Proximity to Victoria Park is a reliable value signal.
How we read these numbers
Sold prices across Finchley have tracked broadly level year-on-year and sit roughly 5% below the 2021 peak of £701,752. We use the Rightmove benchmarks to set expectations, then fine-tune by street: station walkability, garden aspect, energy performance, and scope to extend routinely shift outcomes. If you’re weighing a sale or purchase, we’re happy to give a street-level appraisal with recent comparables in your pocket.
Events in Finchley this November
While there is a lot to be said for staying indoors in November, there’s a number of important events taking place locally this month.
Remembrance Service — Finchley Memorial Hospital
Finchley Memorial Hospital, Granville Road, N12 0JE — Friday 7 November 2025, 10.30am
We’ll be joining neighbours to pay our respects at the hospital’s war memorial. If you’re attending, aim to arrive a little early — it’s a popular community gathering and parking on Granville Road can be tight.
John Etheridge
The Elephant Inn, Finchley, 283 Ballards Lane — Sunday 16 November 2025
A treat for music lovers: renowned English jazz guitarist John Etheridge returns to this much-loved Ballards Lane pub for an intimate Sunday session.
Finchley Choral Society — November Concert
St Mary the Virgin Church, Primrose Hill, London, NW3 3DJ — Saturday 22nd November 2025, 7:30pm
Our local chorus heads just south to Primrose Hill for a beautifully varied programme: Kodály’s Missa Brevis, Lili Boulanger’s Vieille Prière bouddhique, plus selected works by Ravel and Tchaikovsky. A lovely chance to hear Finchley’s singers in a resonant, historic setting.
Event details correct at publication (2 November 2025); please check organisers’ pages before you go.
Whatever move you wish to make, David Harris & Co is here for you
At David Harris & Co, we understand what makes Finchley unique. Whether you’re buying, selling, or renting, our local expertise ensures we can guide you to the best decisions for your needs.
Ready to explore Finchley’s property market? Contact David Harris & Co for expert advice and a stress-free experience. Call us on 0208 346 9122 to get started. Let’s make Finchley your next home.
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Recent research from LRG reveals that the UK's private rental sector is undergoing strategic recalibration rather than wholesale collapse. As landlords across Finchley, North London, and beyond navigate evolving regulatory frameworks, tax structures, and operational costs, the prevailing response appears to be measured adaptation rather than mass retreat.
For portfolio landlords assessing their position in today's market, understanding these wider trends provides valuable context for individual decision-making.
Portfolio Intentions: The Majority Hold Firm
LRG's latest Lettings Report indicates that 60% of landlords intend to maintain their existing portfolio size, signalling stability amidst considerable external pressures. Whilst 22% are contemplating exits, these considerations stem predominantly from rising operational costs rather than diminishing tenant demand. Notably, 12% of those considering disposals plan to reinvest proceeds into alternative properties – often targeting more contemporary, energy-efficient, or lower-maintenance stock.
Just 7% of landlords plan portfolio expansion, reflecting sector-wide prioritisation of consolidation and long-term strategic positioning over aggressive growth.
Broader Sector Sentiment Confirms Patterns
These findings align closely with national data. The DPS Private Rented Sector Review found that whilst 52% of landlords are contemplating selling portions or entireties of their portfolios, only 25% are considering complete market exits. The critical distinction: 75% anticipate reinvesting or rebalancing holdings rather than abandoning the sector entirely.
HMRC's 2024 landlord study, conducted with Ipsos, reveals that 60% of landlords entered the market as investors, whilst 40% inherited properties or purchased them initially as personal residences. This diversity of entry routes underscores the sector's varied motivations and the necessity for policy frameworks that accommodate different landlord profiles.
Property-Specific Challenges Emerge
Certain property categories present heightened management complexities. Older homes were identified by 54% of landlords as the most challenging to operate, followed by leasehold flats at 29% and larger family homes at 11%. These difficulties reflect regulatory complexity, energy performance obligations, and the financial burdens associated with leasehold arrangements.
CBRE's May 2025 PRS insight similarly documented landlords actively divesting energy-inefficient and leasehold properties as part of portfolio de-risking strategies. For landlords holding such assets, these trends warrant consideration when evaluating long-term viability versus strategic disposal and reinvestment.
What Drives Landlord Decision-Making?
The research identifies three primary influences on portfolio decisions:
• Regulatory Changes (27%): The evolving legislative landscape continues to dominate strategic thinking, requiring landlords to assess compliance costs, operational complexity, and risk exposure associated with regulatory developments.
• Tax Policy (26%): Fiscal treatment of rental income and capital gains remains a near-equal consideration, with landlords evaluating net returns after tax when assessing portfolio sustainability.
• Mortgage Rates (11%): Whilst interest costs matter, they rank below regulatory and tax considerations, suggesting landlords have largely absorbed higher borrowing costs into their business models.
The British Property Federation observes that landlords increasingly approach portfolios with institutional investor mindsets, prioritising long-term returns and structural resilience over short-term yield maximisation.
Conditions for Future Expansion
Despite current consolidation trends, landlords identified specific conditions that would encourage portfolio growth over the next two years:
· Tax reform (59%) – the dominant factor
· Regulatory clarity (17%)
· Faster court processes (14%)
· Enhanced energy efficiency upgrade support (10%)
These priorities reveal that whilst external pressures constrain expansion appetite, policy adjustments addressing landlords' primary concerns could unlock renewed investment activity.
Demand Fundamentals Remain Strong
Crucially, tenant demand continues robust. The NRLA reports that 71% of landlords observe persistent high demand for rental properties. However, only 2% express confidence in current policy direction, highlighting a fundamental disconnect between market demand and the regulatory environment within which landlords operate.
This disparity underscores a central tension: substantial tenant requirement exists, but policy uncertainty and operational complexity inhibit the supply response that would address it.
Strategic Thinking Prevails
Allison Thompson, national lettings managing director at LRG, characterises the current environment: "Landlords are not walking away from the sector. They are responding to a more complex environment with caution, clarity and long-term thinking. The story here is one of measured transition."
She continues: "This is still a market with committed landlords who want to provide good homes and make sound investments, but they need the right framework in place to do that with confidence. In a sector shaped by regulation, reform and demand-side pressure, landlords are not standing still, they are stepping forward with strategy."
Implications for Portfolio Review
For landlords conducting strategic portfolio assessments, several considerations emerge from this research:
Properties requiring substantial energy efficiency investments or presenting ongoing leasehold complications may warrant disposal in favour of assets offering simpler operational profiles and enhanced long-term viability. The 12% of exiting landlords choosing to reinvest rather than completely withdraw suggests that strategic repositioning rather than market abandonment represents a viable approach.
Understanding that 60% of landlords are maintaining portfolios indicates that viable business models persist despite challenges, but likely require more sophisticated management approaches than previously. The sector increasingly rewards landlords who approach property investment with institutional rigour – comprehensive financial modelling, regulatory compliance frameworks, and professional management structures.
With 75% of those considering sales planning to reinvest or rebalance, the question may not be whether to remain in the rental sector, but rather which properties, in which locations, with which characteristics, offer the most sustainable long-term propositions within your specific circumstances and risk appetite.
Whatever move you wish to make, David Harris & Co is here for you
At David Harris & Co, we understand what makes Finchley unique. Whether you’re buying, selling, or renting, our local expertise ensures we can guide you to the best
decisions for your needs. Ready to explore Finchley’s property market? Contact David Harris & Co for expert advice and a stress-free experience. Call us on 0208 346 9122 to get started. Let’s make Finchley your next home.
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For Finchley homeowners considering selling, understanding current market conditions has never been more crucial. The latest Rightmove data reveals important shifts in local property values that could significantly impact selling strategies and expectations.
Current Market Snapshot: Where Finchley Stands
Property values in Finchley currently average £650,889 across all property types – a figure that reflects the area's continued appeal whilst acknowledging recent market adjustments. This represents a 4% decrease from the previous year and sits 7% below the 2021 peak of £701,959.
These figures tell an important story for local sellers: whilst Finchley remains a highly desirable location commanding substantial premiums, the market has recalibrated from the exceptional highs witnessed during the post-pandemic property boom.
Property Type Performance: Understanding Your Asset
The local market shows distinct performance patterns across different property types, crucial information for homeowners planning their next move.
Flats: Currently averaging £424,597, these properties offer the most accessible entry point into Finchley's market. For flat owners, this represents solid value retention in a quality location, with strong appeal to first-time buyers and downsizers seeking Finchley's amenities without premium house prices.
Terraced Houses: Achieving an average of £793,974, these properties occupy the sweet spot for many Finchley buyers. The terraced market typically attracts growing families seeking character properties with manageable gardens, making them consistently popular with both local and relocating buyers.
If you’re currently living in a Finchley flat and considering upscaling to a terraced house, we have helped many make a similar move. We are experienced in the buying and selling sectors of the Finchley housing market, so get in touch if this appeals to you.
Semi-Detached Properties: Commanding an average of £954,599, these homes represent Finchley's premium family market. Despite the recent market softening, they continue attracting buyers prioritising space, privacy, and potential for extension or improvement.
Market Context: Why Professional Guidance Matters
The 4% year-on-year decline might concern some sellers, but experienced agents understand this represents market normalisation rather than collapse. The 2021 peak reflected extraordinary circumstances – lockdown-driven demand, ultra-low interest rates, and limited stock – creating unsustainable price levels.
Current values offer more realistic foundations for sustainable growth, whilst still reflecting Finchley's genuine attractions: excellent transport links, quality schools, green spaces, and thriving local amenities.
Strategic Opportunities for Finchley Sellers
Today's market conditions create distinct advantages for well-prepared sellers. With prices stabilising rather than falling dramatically, homeowners can still achieve strong returns whilst benefiting from increased buyer activity following summer holidays.
The key lies in understanding which buyers are actively searching in Finchley and positioning properties to meet their specific requirements. Different property types attract distinct buyer profiles, each with particular priorities and timescales.
Connecting with Today's Buyers
Successful selling in the current environment requires more than simply listing a property and hoping for the best. Today's buyers approach purchases more methodically, conducting thorough research and taking time to make informed decisions.
Professional agents with deep local knowledge can identify which buyers are genuinely active, understand their specific requirements, and match them with suitable properties more effectively than ever before. This targeted approach reduces wasted viewings whilst increasing the likelihood of serious offers from qualified purchasers.
Whatever move you wish to make, David Harris & Co is here for you
At David Harris & Co, we understand what makes Finchley unique. Whether you’re buying, selling, or renting, our local expertise ensures we can guide you to the best decisions for your needs.
Ready to explore Finchley’s property market? Contact David Harris & Co for expert advice and a stress-free experience. Call us on 0208 346 9122 to get started. Let’s make Finchley your next home.
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