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.