Property News
Boston Buy-to-Let is Dead
- 11 Nov 2024
Long Live the Boston Buy-to-Let Landlord Future legislation and the recent Budget have stirred considerable anxiety among landlords. The Chancellor's decision to increase the additional Stamp Duty Land Tax (SDLT) from 3% to 5% for landlords purchasing additional properties initially suggested a grim outlook for the buy-to-let sector. This move, coupled with the introduction of the Renters' Rights Act, which proposes to abolish Section 21 and effect a landlord database, poses new challenges for Boston landlords but also opens doors to new opportunities. Despite these hurdles, deeper market insights reveal reasons for optimism among property investors.
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The Hard Truth About Boston’s Young: Where Do They Live and What Does the Future Hold?
- 17 Oct 2024
It’s no secret that the younger generation in Boston is finding it tough to get onto the property ladder. With the rising cost of living, stagnating wages, and stricter mortgage criteria, it's no surprise that fewer under-34s are becoming homeowners.
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The Resurgence of the Boston Terraced House: Or Has it Ever Been Out of Fashion?
- 26 Sep 2024
The terraced house, once considered a relic of the past, is making a notable comeback. But one might wonder—did it ever truly go out of fashion? The simple, unassuming two-up two-down, a hallmark of Victorian red-brick Britain, is now being rediscovered by modern Boston buyers looking for more than just a place to live. They want a home, a slice of history, and the benefits of ownership that many newer properties simply don't provide.
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2,946 Boston Landlords to be Hit by New Eco Rules in 2030
- 24 Aug 2024
The rental property market is on the brink of a significant shift, one that will undoubtedly cause concern among landlords across the UK. The new Labour government has made clear its intention to raise the minimum energy performance standards for rental properties, a move that could have far-reaching implications for both landlords and tenants alike. The proposed change, which would see the minimum Energy Performance Certificate (EPC) rating for rental properties increase from E to C by 2030, has sparked a mix of anxiety and uncertainty within the property sector.
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Are Our Boston Homes Fit for Our Families?
- 16 Aug 2024
Insights for Boston Homeowners and Landlords Boston has become an attractive destination for both families to buy and rent and is known for its rich heritage and strategic location. In this article, I will delve into the current housing situation of family homes in Boston, compare them with national averages, and then explore opportunities for home buyers and landlords. My goal is to provide valuable insights for anyone interested in the Boston property market, especially those focused on family living and find out if we have enough homes for families in Boston, especially in the private rented sector.
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Good news for Boston landlords and Boston tenants
- 5 Jun 2024
The latest data on rent growth since January 2020 highlights significant increases across the UK, providing a promising outlook for landlords, especially those in Boston. This growth in average rents is most pronounced in the South West, which has seen a remarkable rise of 45.2%. Close behind is the East Midlands with a 39.5% increase, and Yorkshire and the Humber with a 38.5% rise. The North East also shows a substantial growth of 37.3%, while Scotland’s rents have grown by 35.0%
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