Has the rental sector in our town changed forever?

The Stotfold housing market has gone through a sea change in the past decades with the Buy-to-Let (B-T-L) sector evolving as a key trend, for both Stotfold tenants and Stotfold landlords. A few weeks ago, the Government released a White Paper on housing. I have had a chance now to digest the report and wish…

27 Stotfold Households Occupied by OAP Renters

Recent statistics published by the Office of National Statistics show that there are 267,704 private rented households in the Country that are occupied by people aged 65 and older, meaning 4.39% of OAP’s are living in private rented property. It got me thinking two things. How many of these OAP’s have always rented and how…

Don’t miss this! Investment property of the day in Arlesey……

Take a look at our latest video – A great investment opportunity in the neighbouring town of Arlesey.  Just come onto the market with Stephens Estate Agents in Stotfold.  Anticipated rental income of £695pcm and a yield of 5%!  Call them before it goes – click here for rightmove advert

24% OF STOTFOLD HOMES ARE ONE PERSON HOUSEHOLDS

I was having an interesting chat with a Stotfold buy to let landlord the other day when the subject of size of households came up.  Looking at the statistics going back to the early 1960’s, when the average number of people in a home was exactly 3, it has over the years steadily dropped by…

Stotfold first time buyers borrow £11.1m in last 12 months

Starting with the bigger picture, over the last 12 months in the UK, 1,061,557 properties were sold with a total value of £223.74 bn. To give that some context, ten years ago 1,581,727 properties sold with a total value of £405.56bn, so it can be seen the number of people moving house has dropped by…