As we go headlong into 2018, I believe UK interest rates will stay low, even with the additional 0.25% increase that is expected in May or June. That rise will add just over £20 to […]
Month: January 2018
With Hounslow Annual Property Values 4.1% Higher, This is My 2018 Forecast
With the average 5-year fixed rate mortgage at 1.98% (down from 3.47% in 2014) and 2-year fixed rate at 1.47% (down from 2.37% in 2014), mortgage interest rates offered by lenders are at an all-time low (even with the slight increase on the Bank of England base rate a few months ago). Added to this, there has been a low unemployment rate of 6.1% in Hounslow, which has contributed to maintain a decent level demand for property in Hounslow in 2017 (interestingly – an impressive 420 Hounslow properties were sold in last 12 months), whilst finally, the number of properties for sale in the district has remained limited, thus providing support for Hounslow house prices, meaning …
My thoughts on the future of the Hounslow Buy-To-Let Market
I was recently reading a report by the Home website which suggested that hordes of landlords are selling their buy-to-let investments due to increasing burdens on them in the buy-to-let market. Their findings suggest […]
Youngsters unable to buy their first home in Hounslow – Are the Baby Boomers and Landlords to Blame?
Talk to many Hounslow 20 something’s, where home ownership has looked but a vague dream, many of them have been vexatious towards the Baby Boomer generation and their pushover ‘easy go lucky’ walk through life; jealous of their free university education with grants, their eye watering property windfalls, their golden final salary pensions and their free bus passes.
Hounslow Apartments are only 0.7% more expensive in REAL terms than 10 years ago
……There is no denying the simple fact that over the next 10 to 15 years, the people who choose to rent instead of buy in Hounslow will continue to rise……