Hitchin Property Market: 2011-2021

Posted 1st April 2021 at 13:02

A look back at the Hitchin housing market over the last decade. With all of us completing the Census, a couple of weeks ago, it made me realise profoundly that mine and my family’s life, which from our own point of view seems unique and delightful, makes us all into a series of statistics for the Census gatherers to pore over. To digest and regurgitate facts, figures and trends for those who are interested in the...

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Has there ever been a better time for Hitchin home sellers? The Hitchin property market, for people looking to sell, is at its sturdiest for at least the last five years with home buyers jumping onto the Hitchin property ladder with abandon. Hitchin house prices are anticipated to rise throughout 2021 after the Stamp Duty cut (and subsequent extension until the summer/autumn) and the newly revealed 95% mortgages for Hitchin first-time buyers (and Hitchin homeowners with minimal...

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Yet higher mortgage rates could see Hitchin buyers paying a lot more each month for the privilege. Being a Hitchin first-time buyer in the last 12 months has not been an easy thing. Just before lockdown there were 400 ‘5% deposit mortgage’ deals and first-time buyers were able shop around to get the best deal. When the first lockdown hit, 5% deposit mortgages disappeared, meaning that as many Hitchin would-be first-time buyers were about to buy...

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