Lettings – Habitat Lettings

Additional 3,735 Telford 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...

What Will Happen to Telford Property Values now Interest Rates have Risen?

Landlords Lettings

What Will Happen to Telford Property Values now Interest Rates have Risen?

The current average value of a property in Telford currently stands at £171,700, so what will the recent increase in the base rates to 0.75% do to the local property market (especially property values)? In many of my articles, I...

Telford Property Market Worth More Than Persimmon

ARLA Landlords Lettings Telford

Telford Property Market Worth More Than Persimmon

The value of all the homes in Telford has risen by more than 231% in the past two decades, to £8.826bn, meaning its worth more than the stock listed house building company Persimmon, which is worth £8.036bn. Those Telford homeowners...

Telford’s ‘Millennials’ set to inherit £225,559 each in property!

Best Buy Landlords Lettings Telford

Telford’s ‘Millennials’ set to inherit £225,559 each in property!

That got your attention … didn’t it! But before we start, what is Generation X, let alone Generation Z, Millennials, Baby Boomers … these are phrases banded around about the different life stages (or subcomponents) of our society. But when...

With Telford Annual Property Values 6.6% Higher, This is My Forecast for the rest of the year

ARLA Landlords Lettings

With Telford Annual Property Values 6.6% Higher, This is My Forecast for the rest of the year

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...

13.4% of Telford and Wrekin is Built on … Building Plot Dilemma or Not?

ARLA Buy to let Lettings

13.4% of Telford and Wrekin is Built on … Building Plot Dilemma or Not?

Well the fallout from the recent Budget is still continuing. I was chatting to a couple of movers and shakers from the Telford area the other day, when one said, “There isn’t enough land to build all these 300,000 houses...

Telford Rents Set to Rise to £632 pm in Next 5 Years

ARLA Buy to let Landlords Lettings

Telford Rents Set to Rise to £632 pm in Next 5 Years

It’s now been a good 12/18 months since annual rental price inflation in Telford peaked at 3.9%. Since then we have seen increasingly more humble rent increases. In fact, in certain parts of the Telford rental market over the autumn,...

Increase in Interest Rates to cost Telford Home Owners £187.41 a year

ARLA Landlords Lettings Tax

Increase in Interest Rates to cost Telford Home Owners £187.41 a year

Telford homeowners will be among those affected by the latest rise in the Bank of England interest rates. The first increase in 10 years; they have just been raised from 0.25 percent to 0.5 per cent. This uplift comes as...

249 rental properties in the Telford area will be illegal in 2018

ARLA Landlords Lettings Telford

249 rental properties in the Telford area will be illegal in 2018

As the winter months draw in and the temperature starts to drop, keeping one’s home warm is vital. Yet, with the price of gas and electricity rising quicker than a Saturn V rocket and gas, oil and electricity taking on...

Telford Homeowners Are Only Moving Every 14.5 Years (Part 2)

ARLA Lettings

Telford Homeowners Are Only Moving Every 14.5 Years (Part 2)

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 29 years. The biggest reason being...

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Category: Lettings