Property News
Boston's Property Market Enigma: Cracking the Code of Boston's £187/sq. ft Puzzle for First-Time Buyers.
- 24 May 2023
My fiancé and I have been actively searching for our first home in Boston for the past month. Being first-time buyers, we are new to this process but have genuinely enjoyed attending viewings. Although we haven't come across our dream Boston home yet, we are staying practical and have identified three potential properties on which we are considering making an offer. While two of these properties require some attention, we believe they have great potential; we have also seen a brand-new home in Boston
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Boston First-time Buyers Keeping our Local Property Market Afloat
- 2 May 2023
The Boston housing market is relativity buoyant, thanks to an unexpected group of people – Boston first-time buyers. Many Boston tenants are annoyed with competing for Boston rental properties at high rents. Therefore, over the last 12 months, many renters have been stretching their finances to get on the Boston housing ladder, despite sky-high mortgage rates.
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Boston Property Market Is now a good time to buy, or should people wait?
- 14 Apr 2023
As we go into the second quarter of 2023, there is significant uncertainty in the UK economy, leading to uncertainty in the property market. The number one issue is the fight against inflation and the cost-of-living crisis. The Bank of England is working hard to decrease inflation, and hopefully, in summer, we should see British inflation coming down. From that, we should expect interest rates to come down later in the year (and that is what the money markets believe with the 5-year swap rates).
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Why Does it Still Take 123 Days to Buy a Boston House?
- 7 Apr 2023
As an experienced Boston estate agent, I have seen many Boston homeowners frustrated by how long it takes to buy and sell their property and complete the sale. In this article, I will explain why buying and selling a home in Boston takes so long and how you can speed up the home-buying process. One of the main reasons why it takes so long to sell a house is the conveyancing process. Conveyancing refers to the legal process of transferring property ownership from the seller to the buyer, which is the time between the offer being accepted and the completion of the sale
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Buying a Boston Home is Still £760 a Year Cheaper Than Renting
- 28 Mar 2023
With mortgage rates tripling over the last 12 months, one could be forgiven for thinking buying a Boston home as a first-time buyer would out of the question. Yet, what if I told you, it is £760 a year cheaper to buy a Boston home as a first-time buyer than renting, would you be surprised? The average 2-bed home in Boston is worth £147,374.
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New tax rules for Boston buy-to-let landlords from 2026
- 17 Mar 2023
We at Let Us Let U, want to make you aware of some important changes that are coming into effect from April 2026. The UK Government is introducing Making Tax Digital (MTD) for Income Tax, which will affect how landlords report their income tax to HMRC. The original plan was for Landlords income of £10,000 or more from their properties must file their income and expenditure tax returns quarterly (instead annually) from 2024, however that has been moved to 2026/7.
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