In recent articles on the Hitchin property market, I have been talking a lot about house prices over the last 12 months and 5 years in Hitchin. When it comes to newspapers talking about the property market, the headline most people look at is what is happening to house prices. However, as 2 in 3 (65.1%) of Hitchin home sellers are also home buyers, the price is almost irrelevant. Let me explain. If your property has gone down...
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The Government’s scheduled publication of their White Paper for the Renter's Reform Bill, which incorporates proposals to forbid Section 21 evictions and introduce ‘Lifetime Deposits’, has been suspended until 2022. The additional time is required to give a chance to create a level playing field to reforms for both landlords and tenants in the private rented sector in England. In this article, I want to look at these lifetime deposits. How could the Lifetime Deposit Scheme work,...
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Whether you are a Hitchin homeowner, first-time buyer or landlord; the last 15 months has been a roller coaster ride when it comes to the Hitchin property market. With 213,120 UK house buyers and 58,580 UK tenants moving home in June, the summer has been manic for many people. Meaning some Hitchin homeowners are asking if they should be staying put? Or should they wait for the best home to come onto the market before putting...
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