Are Burton House Prices Set for a Frightening Drop this Autumn?
The stamp duty holiday is over, furlough finished at the end of September, unemployment is due to rise and inflation is rife… is this the end of the post lockdown property boom? Surely, we are heading for house price correction? Forecasting what will happen in the property market this autumn may not be as simple […]
How Will Rising Wages Affect the Burton Property Market?
As they struggle to meet demand, Argos have had to increase the wages of their HGV drivers from £11.41 an hour to £15.00 an hour – a rise of 31.2% meaning their pay goes from £27k to £35k per year. Care home providers are offering signing-on bonuses of many thousands of pounds to entice nursing […]
Burtons Elderly Homeowners are Not Moving!
A recent report by Legal & General stated that since the pandemic, many older homeowners had put their plans to move home ‘on ice’. It said that fewer OAP homeowners are planning to downsize from their large family homes after the pandemic made them realise the actual value of their local community and space. Historically, […]
Burton Home Moves Hit Record High in June
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. The obvious cause […]
Property vs Crypto | Burton vs Bitcoin
Burton on Trent Homeowners have profited by £35,460 in Last 5 Years… yet Bitcoin investors would have made £9,962,940! Is investing in ‘Bricks & Mortar’ dead? 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 […]
Is Burton Heading for a House Price Crash?
Burton-on-Trent house prices rose by 3.0% last month, according to the Land Registry. This means the annual rate of house price growth in Burton has increased to 11.8%. 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 […]
A Quarter of Burton Landlords Could be Fined £5000 Each
… also, new mortgage rules for homeowners would make it harder to sell their draughty old properties. As the UK has committed to a legally binding target to be carbon neutral by 2050, one of the biggest producers of greenhouse gasses are residential properties. To hit that target, every UK property will need to achieve […]
Is Burton buy-to-let property in crisis?
Derby and Burton landlords… sell your property portfolios, your tenants will soon be leaving in droves as they buy their first home with the new 5% deposit mortgages backed by the Government’s new mortgage-guarantee scheme revealed in March’s budget! These 95% mortgages are to be supported by the Treasury, lessening losses for mortgage lenders should […]
Will Burton on Trent house prices fall in 2022?
I ask this question as 1 in 5 Burton on Trent homes are selling within a fortnight of coming to market One of the most astounding things that has happened in the last 12 months was something that did not happen. Even after the country saw the deepest recession since the Great Freeze of 1709, […]
Burton Property Market up 63% on Pre-pandemic Levels
By Daren Cope Has there ever been a better time for Burton on Trent home sellers? The Burton property market, for people looking to sell, is at its sturdiest for at least the last five years with home buyers jumping on to the Burton property ladder with abandon. Burton house prices are anticipated to rise throughout […]
