Baldock Buy-to-Let Return / Yields – 1.7% to 6.3% a year

  The mind-set and tactics you employ to buy your first Baldock buy to let property needs to be different to the tactics and methodology of buying a home for yourself to live in. The main difference is when purchasing your own property, you may well pay a little more to get the home you…

Baldock House Prices Outstrip Wage Growth by 21.13% since 2007

  I recently read a report by the Yorkshire Building Society that 54% of the country has seen wages (salaries) rise faster than property prices in the last 10 years. The report said that in the Midlands and North, salaries had outperformed property prices since 2007, whilst in other parts of the UK, especially in…

Great one bedroom investment opportunity in Baldock

Available for sale through Country Propeties in Baldock at £165,000, this property seems like an ideal investment opportunity!   Less than half a mile from the mainline station to London and in a quiet development with allocated off road parking.  Anticipated annual yield of 4.7%. Take a look at the advert here and call Country Properties to view…

Baldock Homeowners and their £260.9 million Debt

  Over the last 12 months, the UK has decided to leave the EU, have a General Election with a result that didn’t go to plan for Mrs May and to add insult to injury, our American cousins elected Donald Trump as the 45th President of the United States. It could be said this should have…

Baldock’s New 3 Speed Property Market

“What’s happening to the Baldock Property Market” is a question I am asked repeatedly.  Well, would it be a surprise to hear that my own research suggests that there isn’t just one big Baldock property market – but many small micro-property markets? According to recent data released by the Office of National Statistics (ONS), I…

Baldock’s 439 Mortgage Time-Bombs?

 According to my research, of the 5,604 properties in Baldock, 2,034 of those properties have mortgages on them.  86.3% of those mortgaged properties are made up of owner-occupiers and the rest are buy to let landlords (with a mortgage). However, this is the concerning part, 439 of those Baldock mortgages are interest only. My research…

Baldock Buy-To-Let Predictions up to 2037

On several occasions over the last few months, in my Baldock Property Blog, I predicted that the rate of rental inflation (i.e. how much rents are rising by) had eased over the last year. At the same time I felt that in some parts of the UK rents had actually dropped for the first time…

Baldock First Time Buyers Mortgages taking 33.9% of their Wages

I had an interesting chat the other day with a Baldock resident. He told he was a Baldock homeowner, retired and mortgage free.  He stated how unaffordable Baldock’s rising property prices were and that he worried how the younger generation of Baldock could ever afford to buy? He went on to ask if it was…

579 Baldock Landlords – Is This a Legal Tax Loop-Hole?

In November 2015, George Osborne disclosed plans to restrain the buy-to-let (BTL) market, implying its growing attractiveness was leaving aspiring first time buyers contesting with landlords for the restricted number of properties on the market.  One of things he brought in was that tax relief on BTL mortgages would be capped, starting in April 2017….