• The Hitchin housing market over the last five years has behaved oddly. • Hitchin house prices are 27.6% higher than in 2017, even though during those five years, the British economy had the uncertainty of Brexit and the massive fall in GDP during the pandemic. • Yet, a less observed trend is that the net number of homeowners in Hitchin has risen by 740 households, a jump of 3.7%. • Why has growth in homeownership happened, and what does it mean...
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• Hitchin needs 136 additional private rented properties per year to keep up with current and future demand from Hitchin tenants. • Yet over the last 5 years, Hitchin has lost 162 private rented homes. • What are the 5 reasons the supply of private rental properties in Hitchin are falling? What does this mean for tenants and landlords in Hitchin? There has been a rise in demand for rental properties and an 8.9% fall in the number of Hitchin...
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• According to some newspapers and pundits, the property market boom could soon be over with the increasing interest rates and inflation. • In this article, I share the 3 fundamental economic reasons why things are different to the last property market crash. • The insider’s way to find out if there will be a property crash. • ...and 4 reasons why buy-to-let landlords are coming back into the Hitchin rental market to protect their wealth and hedge against inflation. With inflation and...
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