Month: March 2019

The proportion of 25 to 34-year olds who own their home in Beverley has dropped by more than a third in the last 20 years, so what does this mean for all the existing Beverley landlords and homeowners together with all those youngsters considering buying their first home? Well, looking at the numbers in greater…

In this week’s article on the Beverley property market, I discuss how the Beverley property market has performed against both the National housing market and in particular the London property market. In it, both Beverley and London were neck and neck for house price growth for the majority of the years between 1979 and 2007,…

A few weeks ago, I suggested property values in Beverley would be between 1.1% and 1.9% different by the end of the year. It might surprise some people that Brexit hasn’t had the effect on the Beverley property market that most feared at the start of 2018. The basis of this point of view can…

Over the last 5 years, we have seen some interesting subtle changes to the Beverley property market as buying patterns of landlords have changed ever so slightly. The background to this story was the recently published set of buy-to-let (BTL) lending statistics. Roll the clock back 12 months and 6,700 BTL mortgages were granted (in…

With the Government preparing to control tenant’s deposits at four weeks rent, Beverley landlords will soon only be protected in the event of a single month of unpaid rental-arrears, at a time when Universal Credit has seen some rent arrears quadrupling and that’s before you consider damage to the property or solicitor costs. It can’t…