My Thoughts on the Future of the Biggleswade Buy-To-Let Market

I was recently reading a report by the Home website which suggested that hoards of landlords are selling their buy-to-let investments due to increasing burdens on them in the buy-to-let market. The findings suggest the number of new properties that came onto the market nationally (for sale) jumped by 11% across the UK as a…

Biggleswade Buy-to-Let Return / Yields – 2.4% to 6% a year

  The mind-set and tactics you employ to buy your first Biggleswade buy to let property needs to be different to the tactics and methodology of buying a home for yourself to live in. The main difference is when purchasing your own property, you may well pay a little more to get the home you…

Biggleswade House Prices Outstrip Wage Growth by 18.97% since 2007

I recently read a report by the Yorkshire Building Society that 54% of the country has seen wages (salaries) rise faster than property prices in the last 10 years. The report said that in the Midlands and North, salaries had outperformed property prices since 2007, whilst in other parts of the UK, especially in the…

11.98% Drop in Biggleswade People Moving Home in the Last 10 Years

  I was having a lazy Saturday morning, reading through the newspapers.  I find the most interesting bits are their commentaries on the British Housing Market.  Some talk about property prices, whilst others discuss the younger generation grappling to get a foot-hold on the property ladder with difficulties of saving up for the deposit.  Others…

Decreasing Numbers of Younger Homeowners in Biggleswade

Justin Mitchell, 37-year-old father of two from Biggleswade, was out house hunting. It was a pleasant August Saturday afternoon, and our man cycles along on his bike. He cycles up a street of suburban semis, where he spots a few retired mature neighbours, chatting to each other over the garden fence. He leans his bicycle…

Biggleswade – Mortgages Ticking Time-Bomb?

According to my research, of the 10,005 properties in Biggleswade, 3,903 of those properties have mortgages on them.  87.1% of those mortgaged properties are made up of owner-occupiers and the rest are buy to let landlords (with a mortgage). However, this is the concerning part, 843 of those Biggleswade mortgages are interest only. My research…

Biggleswade First Time Buyers Mortgages taking 33.9% of their Wages

I have heard from a number of older mortgage free Biggleswade homeowners worried about how unaffordable Biggleswade’s rising property prices are and they are concerned about how the younger generation of Biggleswade could ever afford to buy.  They often ask if it is right for landlords to make money on the inability of others to…

917 Biggleswade Landlords – Is This a Legal Tax Loop-Hole?

In November 2015, George Osborne disclosed plans to restrain the buy-to-let (BTL) market, implying its growing attractiveness was leaving aspiring first time buyers contesting with landlords for the restricted number of properties on the market.  One of things he brought in was that tax relief on BTL mortgages would be capped, starting in April 2017….