Property, Buyers, First-Time Buyers, Landlords

Property, Buyers, First-Time Buyers, Landlords, Rent

Property, Buyers, First-Time Buyers, Landlords

Given the demand for rental property, it shouldn’t be a surprise to learn that landlords and property investors purchased a greater proportion of property in 2022 than they did in 2021. At David Harris & Co, we know he significant demand for rental accommodation provides a significant incentive for buy-to-let investors, and we work closely with landlords to manage their rental property in the most effective manner.

In a study by Direct Line Home Insurance, it is found first-time home buyers need to find £43,623 more today than they did in 2016 to buy their first house. This represents a 24% increase in the cost of stepping on the property ladder.

So much has been said and written about the demise of the London property market in the past year, you would be forgiven for thinking no one lived in the capital any more.