Shefford Private Rents Hit £15.02 per sq. foot

As I am sure you are aware, one the best things about my job as an agent is helping Shefford landlords with their strategic portfolio management. Gone are the days of making money by buying any old Shefford property to rent out or sell on. Nowadays, property investment is both an art and science. The…

My thoughts on the future of the Shefford Buy-To-Let Market

I was recently reading a report by the Home website which suggested that hordes 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…

Merry Christmas! Here’s to a great 2018 in Shefford!

  I would like to wish you and your families / friends a very Merry Christmas!  I hope you have had a great year and look forward to talking to you about the Biggleswade property market and working with you in the New Year!

Shefford House Prices Outstrip Wage Growth by 18.91% 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…

Decreasing Numbers of Younger Homeowners in Shefford

Tom Smith, 35-year-old father of two from Shefford, 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 small cottages, where he spots a few retired mature neighbours, chatting to each other over the garden fence. He leans his bicycle…

Shefford Property Market and Mysterious Politics of the General Election

The dust has settled on the various unread General Election party manifestos, with their ‘bran-bucket’ made up numbers, life goes back to normal as political rhetoric on social media is replaced with pictures of cats and people’s lunch.  Joking aside though, all the political parties promised so much on the housing front in their manifestos,…

Shefford’s 403 Mortgage Time-Bombs?

According to my research, of the 4,816 properties in Shefford, 1,869 of those properties have mortgages on them.  86.9% 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, 403 of those Shefford mortgages are interest only. My research…

What will the General Election do to 3,364 Shefford Homeowners?

In Shefford, of the 4,816 households, 1,495 homes are owned without a mortgage and 1,869 homes are owned with a mortgage. Many homeowners have made contact me with asking what the General Election will do the Shefford property market?  The best way to tell the future is to look at the past. I have looked…

Flipping’ heck! Shefford property values rise by £50.15 a day

Investing in Shefford buy to let property is different from investing in the stock market or depositing your hard-earned cash in the Building Society. When you invest your money in the Building Society, this is considered by many as the safe option but the returns you can achieve are awfully low (the best 2-year bond…

How the rented sector has transformed the property market in Shefford

The Shefford housing market has gone through a sea change in the past decades with the Buy-to-Let (B-T-L) sector evolving as a key trend, for both Shefford tenants and Shefford landlords. A few weeks ago, the government released a white paper on housing. I have had a chance now to digest the report and wish…

Shefford First Time Buyers borrow £3.2m in the last 12 months

Starting with the bigger picture, over the last 12 months in the UK, 1,061,557 properties were sold with a total value of £223.74 bn. To give that some context, ten years ago 1,581,727 properties sold with a total value of £405.56bn, so it can be seen the number of people moving house has dropped by…