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…

Shefford Buy-to-Let Return / Yields – 1.8% to 6.9% a year

The mind-set and tactics you employ to buy your first Shefford 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 (and…

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…

294 Shefford 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….

Investment opportunity – Shefford town centre!

Sheridans in Shefford are marketing this two bedroom apartment for £160,000.  In a good development, right in the centre of town this property has NO UPWARD CHAIN and should achieve a rental yield of around 5%.  Give Sheridans a call before it goes. For more information about the Shefford market and lettings give us a call…

6.82 Babies born for each new home built in the Shefford area

As more babies are being born to Shefford and Central Bedfordshire mothers, I believe this increase will continue to add pressure to the over stretched Shefford property market and materially affect the local property market in the years to come. On the back of eight years of ever incremental increasing birth rates, a significant 6.82…

Thinking of investing in Shefford….?

This riverside two bedroom apartment in The Wharf is on the market with Wilson Peacock in Biggleswade for £200,000.  With a potential yield of around 5% this is really worth considering! Have a look at the Rightmove advert and call Wilson Peacock ASAP to view it before it goes!

Looking to invest in Shefford?

This three bedroom house is on the market through Purple Bricks with an asking price of £250,000. An ideal purchase for an investor with a potential yield of 4.8%. View ASAP before it goes.  Take a look at the video above and click here for the rightmove advert Pop into our office for a cup…

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…