Stotfold’s interest only ticking time-bomb?

According to my research, of the 3,978 properties in Stotfold, 1,906 of those properties have mortgages on them.  90.25% of those mortgaged properties are made up of owner-occupiers and the rest are buy to let landlords (with a mortgage). However, this is the concerning part, 412 of those Stotfold mortgages are interest only. My research…

Great investment opportunity not to be missed……!

Our Satchells sales team in Stotfold are marketing this one bedroom apartment in the neighbouring town of Arlesey.  Just round the corner from the station, with an asking price of £129,950 and potential rental yield of 5% this will go quickly! Call the Stotfold office now on 01462 733730.  

6.82 Babies born for each new home built in the Stotfold area

As more babies are being born to Stotfold and  Central Bedfordshire mothers, I believe this increase will continue to add pressure to the over stretched Stotfold property market and materially affect the local property market in the years to come. On the back of eight years of ever incremental increasing birth rates, a significant 6.82…

What will the General Election do to 3,077 Stotfold Homeowners?

In Stotfold, of the 3,978 households, 1,171 homes are owned without a mortgage and 1,906 homes are owned with a mortgage. Many homeowners have made contact me with asking what the General Election will do the Stotfold property market?  The best way to tell the future is to look at the past. I have looked…

39 Properties For Sale in Stotfold … is this a good time to sell?

2017 has started with some positive interest in the Stotfold property market.  Taking a snap shot of the Stotfold property market for the first quarter of 2017, the picture suggests some interesting trends when it comes to the number of properties available to buy, their asking prices and what prices properties are actually selling for….

Stotfold’s ‘Generation Trapped’ and the £702.5m legacy

I have previously written an article on the plight of the Stotfold 20 something’s often referred to by the press as ‘Generation Rent’.  Attitudes to renting have certainly changed over the last twenty years and as my analysis suggested, this change is likely to be permanent. In the article, whilst a minority of this Generation…

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…