Property News
Boston Home Moves Hit Record High in June 2021
- 31 Jul 2021
Record High in June as 185.3% more people sell in June compared to the Boston area 10-year average June 2021 was the busiest month ever for UK estate agents, home removal companies and conveyancers since monthly records began as HMRC logged 213,120 residential transactions in June, a jump of more than 216% nationally on the same month last year (when the housing market had just reopened after the initial lockdown).
Read more
Why Savvy Boston Buy-to-Let Landlords Don’t Use 10-Year Mortgages
- 23 Jul 2021
I know of many Boston buy-to-let landlords who fell into property investing by accident. Many didn’t want to sell their family home when the Boston housing market crashed in the Credit Crunch of 2009/10, yet still needed to move (often for work). They thought they would keep their Boston family home in case they ever moved back to Boston. Yet by keeping it, it couldn’t remain empty (there was still a mortgage to pay on it), so they ended up renting their home out.
Read more
Boston Homeowners Profit by £42,930 in Last 5 years
- 16 Jul 2021
Investing in property has historically been a sound investment, yet alternative investments (like Cryptocurrency) have been gaining traction over the last five years. So, should we all ditch buying our own home and buy Bitcoin? Cryptocurrency with such names as Bitcoin and Ethereum are being bandied about as the new investment vehicle everyone should be investing in. But is Crypto a sound investment or just an ‘end of the seaside pier one arm bandit’ speculation?
Read more
£333,887 – ‘Wood’ You Pay That For a Boston Semi-Detached House?
- 6 Jul 2021
The value of an average Boston semi-detached house has increased in value by £6,520 in the last 12 months, an increase in value of 4.14%. Yet the costs of building a Boston home have shot up even more in the last 12 months, meaning the price of Boston new homes and any building works you do to your Boston home in the coming months and years could be a lot higher.
Read more
Is Boston Heading Towards a House Price Crash?
- 30 Jun 2021
Boston house prices rose by 0.7% last month, according to the Land Registry. This means the annual rate of house price growth in Boston has increased to 9.2%. Looking at the national figures, many people were concerned the UK property market was overheating as spring saw annual growth of 9.9%, the highest rate of house price growth documented since June 2007 (when national house prices were rising by 10.8% p.a.). It was only a matter of a few months later the Credit Crunch hit, and the average value of a UK home plummeted from £190,032 to £154,452 in 18 months, a drop of 18.7%.
Read more
Boston Buy-to-Let Landlords Owed
- 19 Jun 2021
Boston Buy-to-Let Landlords Owed £443,883 in Unpaid Rent. Rogues or Saviours?
Read more