Property News
The Untold Story of Boston’s Terraced Houses
- 25 Aug 2023
Call me old-fashioned and nostalgic, but I am fond of terraced houses. I've conducted some research that my fellow readers of the Boston Property Market Blog will find intriguing! Architecturally speaking, the terraced or townhouse has been prevalent in the UK since the late 1600s. It involves a row of symmetrical houses that share side walls.
Read more
The Emergence of Accidental Boston Landlords in a Slowing Housing Market?
- 17 Aug 2023
A Boston landlord remarked to me the other day that he felt that there were more 'posher' up-market properties coming up for rent in the last six months compared to a couple of years ago. I stated that this was the case, and it wasn't all down to the recent rental growth – it was the growth of the upmarket 'accidental landlord'.
Read more
14 Reasons Not to Fear Boston House Price Drops
- 12 Aug 2023
The Boston property market experienced a boom between the summer of 2020 and late summer of 2022, fuelled mainly by pandemic-induced trends such as the stamp duty stimulus, low mortgage rates, the race for space, and the rise of remote working.
Read more
Boston Rents Smash
- 8 Aug 2023
Through the £730 Barrier Are Boston Landlords Profiteering? The private rented sector for both Boston landlords and Boston tenants is facing immense challenges, with a shortage of available homes for rent putting renters under significant pressure. And you can see why when the average UK rent in 2021 was £1,381 and in 2023 it has been £1,706, an increase of 23.53%. Let’s look closer to home in the Boston area. The average rent for homes coming on the market in the Boston area in 2021 was £647 per month, whilst in 2023, it has been £730 per month
Read more
The Rise of Bungalows in the Boston Property Market
- 1 Aug 2023
During the pandemic, the property market experienced a surge in demand for larger Boston homes with spacious gardens. However, the tides are shifting, and a new trend is emerging. The combination of an ageing Boston population, the post-Covid trend for early retirement and economic uncertainty has sparked a newfound love for downsizing.
Read more
Why Does it Take 183 Days to Sell a Home in Boston?
- 13 Jul 2023
The actual time can vary depending on market conditions, location, property type, and pricing strategy, so in this article I delve deeper. Here is a breakdown of that 183 days.
Read more