In May 2016, Rt Hon George Osborne, MP for Tatton, published an official HM Treasury analysis stating UK house prices would be lower by between 10% and 18%, by the middle of 2018, compared to what is expected if the UK remained in the European Union. Nine months after the Referendum let’s take a closer look … Read moreColchester Unemployment Down to 3.7%. How Does this Affect the Colchester Housing Market?
Just before the Christmas break one of my landlords popped into my office with his eleven year old son who asked “How much would it cost to buy all the houses in Colchester?” Over the holidays the question stuck with me and I set myself the challenge to come up with an answer for the … Read moreWhat’s the Total Value of Colchester Properties?
Is buy to let immoral? Let’s look at how the buy to let market got started. The urge to own our own homes is peculiarly British and sets us apart from our European neighbours where renting is the norm and who owns the house, or the land, isn’t nearly as important. Back in 1971, when Ted … Read moreIs Buy To Let Immoral? Part 2 of 2
With 15,475 private rented households in Colchester by 2021 does this make buy to let immoral? Shall we blame Colchester buy to let “Baby Boomers” (55 to 70-year-olds) for the current housing crisis in the town? As the country slowly recovered from the economic hardships experienced during world war II there was a massive rise … Read moreIs Buy To Let Immoral? Part 1 of 2