n the TW3 and 4 postcodes there are 5,850 homeowners with a mortgage, of which 2,513 have a variable rate mortgage (the remaining have fixed rate mortgages). The total amount owed by those TW3 and 4 homeowners with those variable rate mortgages is £488,350,403, meaning the average monthly mortgage payment for those home owners on variable rate mortgages before the interest rate rise was £1,515.13 per month and now its £1,555.62 per month … meaning…
To calculate what I consider is a fair and proper House Price Index for Hounslow,
I initially needed to decide on a starting place for the index. I have chosen 2008….
For the last 10 years, every private rental property must have an Energy-Performance-Certificate (EPC) rating. The property is given an energy rating, very similar to those on washing machines and fridges with the rainbow coloured graph, of between A to G (A being the most efficient and G the worst). New legislation comes in to force next spring (2018)
In the credit crunch of 2008/9 the rate of home moving plunged to its lowest level ever. In 2009 the rate at which a typical house would change hands slumped to only once every 26 […]
As I mentioned in a previous article, the average house price in Hounslow is 10.9 times the average annual Hounslow salary. This is higher than the last peak of 2008, when the ratio was 8.92. A number of City commentators anticipated that in the ambiguity that trailed the Brexit vote, UK (and hence Hounslow) property prices might drop like a stone…
