Whether you are a Beverley landlord looking to liquidate your buy to let investment or a homeowner looking to sell your home, finding a buyer and selling your property can take an annoyingly long time. It is a step-by-step process that can take months and months. In fact, one of the worst parts of the…
Tag: Lettings
Additional 787 Beverley 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…
54% Drop in Properties For Sale Today in Beverley Compared to 10 Years Ago
There is good news for Beverley 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,…
Beverley Property Market – Asking Prices Down 6.1% in the Last 12 Months
The average asking price of property in Beverley dropped by 6.1% or £17,115 compared to a year ago taking the current average asking price to £261,995, compared with £279,070 this time last year. The overall drop in asking prices is being put down to sellers being more realistic with their pricing and looking to benefit…
£697 pcm – The Average Beverley Rent
The rents paid by Beverley tenants are now standing at £697 per calendar month (PCM), a rise of 1.37% year on year and 0.33% lower month on month. However, this attention-grabbing monthly rent figure masks stark differences in the various different parts of the Beverley rental market. Demand in Beverley for high quality family homes…
Beverley Millennials Have Spent £98,108 On Rent By The Age of 35
The Millennials were born between the mid 1980’s and late 1990’s thus making them between the age of around 22 to late 30’s. They are the imaginative, artistic youngsters who grew up with the newest tech and computers and who are huge aficionados of music festivals, gourmet pizzas, emoji’s, selfies and old school nostalgia. Also…
Home Ownership Amongst Beverley’s Young Adults Slumps to 58.18%
Homeownership Amongst Beverley’s Young Adults Slumps to 58.18% The degree to which young Beverley people are locked out of the Beverley housing market has been revealed in new statistics. A Beverley landlord was asking me the other week to what effect homeownership rates in Beverley in the early to middle aged adult age range had…
211 First Timer Buyers in Beverley Bought Their First Home in 2017
211 First Timer Buyers in Beverley Bought Their First Home in 2017 A little bit of good news this week on the Beverley Property Blog, as recently released data shows that the number of first time buyers taking out their first mortgage in 2017 increased more than in any other year since the global financial…
An extension could add £39,050 to the value of your Beverley home
As our families grow bigger the need for more space, be that bedrooms or reception rooms, has grown with it. Also, as our older generation lives longer and nursing home bills continue to rise quicker than a rocket on the 5th of November (the average nursing home bill in the area being £603 per week)…