At Holmes Estate Agents, we work closely with landlords, tenants, buyers and vendors in South West London. No matter what stage you are at in the property or rental market, we are here to ensure you make an informed and sensible decision in the market.
While there is a lot written about how young people are priced out of the market in and around the capital, we believe there is still a strong desire and demand to own property in the capital. We can take you from start to end of any process in the local area, including helping you move from being a tenant to owning property.
We make property dreams come alive
If home ownership is a dream you would like to see come to fruition this year, or in the future, make sure you get help from the experts. Arrange an appointment, and we will be more than happy to talk you through the process, and how you can make your property dreams come true.
Recent research undertaken by property service Wayhome shows cases some of the priorities people have in the property market right now.
Some of the findings from the study are as follows:
49% of respondents said that home ownership was a more pressing priority than getting married or entering a civil partnership
48% of respondents said home ownership was more important than having a child
45% of respondents aged between 18 and 23 years old said they continued to have a strong desire to own property
56% of people aged between 24 and 42 years old desired owning property
58% of people aged between 43 and 54 considered home ownership as a priority
Perhaps unsurprisingly, women and parents held a greater desire to own property than men and people who didn’t have children
What are your property ambitions?
Wayhome chief executive Nigel Purves says: “The pandemic has done nothing to dampen people’s appetite for homeownership and we know it remains the ultimate life goal for significant numbers of people. But the reality is that following on from the pandemic and subsequent lockdowns, becoming a homeowner may be far harder than it ever was before. Indeed, with house prices ballooning, the cost of living rising and additional government support still in force – great numbers of people have no choice but to continue renting for the foreseeable future or compromising on the type of home they can afford to buy, which might not be suitable for their needs long-term.”
Nigel Purves concluded by saying; “If we want a sustainable housing system, which enables more people to take a step onto the ladder earlier in their lives, we need to see innovation within the industry. Aspiring homeowners deserve the security and stability that comes with homeownership.”
We have considerable experience and expertise in the South West of London. We are ideally placed to help vendors, tenants and landlords during this challenging time. If you have any questions regarding the South West London property market, please get in touch with Holmes Estate Agents today.