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Investors shy away from London’s new-build resi market

Owner-occupiers made a comeback into London’s new-build residential market last year, as investors pulled back, taking less market share for the first time since 2012.

EG has tracked the investor/owner-occupier split among new-build schemes across all 33 London boroughs over a number of years.

The data reveals investors peaked in 2015, taking 42% of the market. That has since dropped to 37% last year.

In terms of London boroughs, Tower Hamlets is quite a way out in front, with investors accounting for 71% of the market.

Southwark and Wandsworth lie at the other end of the spectrum with around 75% of units in 2016 being acquired by owner-occupiers.

For clarification, the data doesn’t include bulk investments deals, which are recorded separately. The data includes solely single unit sales.

EG is able to provide a full scheme-by-scheme breakdown.

For more information, contact Rob Mower on 020 7911 1431 or e-mail rob.mower@egi.co.uk.

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