Over the last twenty years, there has been a shift in the way the Baldock (and the UK’s) property market works. In the 1960’s, 70’s, 80’s and 90’s, a large majority of twenty somethings saved up their 5% deposit, went without life’s luxuries of going out and holidays etc., for a couple of years…
Author: Andrew Wilson
New Home Building in Baldock and North Hertfordshire over the last 10 years
Should you, as a landlord for buy to let or for personal occupation, buy a brand-new home? Well, let’s start by looking at the numbers … Over the last 10 years, 1,949 new homes have been built in the North Hertfordshire area That is a lot of bricks and mortar! Roll the clock…
Additional 329 Baldock Rented Homes Required by 2027
I have been doing some research, looking both at National and Regional reports on the demand and supply of property and people together with future projections on the economy, population and family demographics with some interesting results. According to the Office of National Statistics, in the last financial year nationally, private renting grew by 74,000…
£313,752 – The Typical Profit Each Baldock Landlord Could Make in The Next 25 Years….
I am of the opinion that buy to let investment in Baldock, in the long-term, will bring substantial returns for landlords, irrespective of latest regulation and tax changes. Taking a very conservative (with a small ‘c’) view, I believe landlords will see a projected net profit of £192,177 per property over the next 25 years…
Baldock Property Values 7.7% higher than year ago – What’s the PLAN to fix the Baldock Property Market?
It has been nearly 18 months since Sajid Javid, the Tory Government’s Housing Minister published the White Paper “Fixing the Broken UK Housing Market”, meanwhile Baldock property values continue to rise at 7.7% (year on year for the council area) and the number of new homes being constructed locally bumps along at a snail’s pace,…
50% Drop in Properties For Sale Today in Baldock Compared to 10 Years Ago
There is good news for Baldock buy to let landlords as ‘top of the range’ well-presented properties are getting really decent rents compared to a year ago however, this rise in rents is thwarting many potential first time buyers from saving for both a deposit and money for a rainy day. On top of this,…
Nearly Twelve Babies Born for Every New Home Built in the Past Five Years in North Hertfordshire
Nearly 12 babies have been born for every new home that has been built in North Hertfordshire since 2012, deepening the Baldock housing shortage. This discovery is an important foundation for my concerns about the future of the Baldock property market – when you consider the battle that todays twenty and thirty somethings face in…
How Affordable is Property for Baldock’s Average Working Families?
The simple fact is we are not building enough properties. If the supply of new properties is limited and demand continues to soar with heightened divorce rates, i.e. one household becoming two, people living longer and continued immigration, this means the values of those existing properties continues to remain high and out of reach for…
I’m back…….
Sorry for the gap in posts folks! There have been big changes afoot – I have loved the journey with Satchells and we worked with some great people. Simon and I have now taken the big step to jump into the self-employed world in the Estate Agency industry. We are so excited and motivated…
Baldock Council Tax Payers Stung by 56.63% above Inflation Rise
Buying and selling a home in Baldock isn’t the easiest or cheapest thing you will ever do. Estate Agent fees, Solicitors fees, Survey fees, Mortgage fees, Removal Van … the costs just mount up throughout every step of the move. Last week, a Baldock landlord asked me whether the Council Tax Band made a difference…
