In 2019, the private rented sector accounted for just over four and a half million households or 19.9% of UK households, no change from the year before. Interesting, when compared to the proportion of private rented households in the 1980’s and 1990’s, when the proportion of private rented households was stable at around 9.5% to 10.8%. Most of that growth in the private rented sector came in three main spurts. The first growth spurt was between...
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Isn’t it funny that nobody boasts they are a buy to let landlord anymore? Roll the clock back to the early millennium and you couldn’t go to the local golf club or shop at a Waitrose without someone dropping buy to let into the conversation as easily and as often as the weather. Yet now, Hitchin buy to let landlords have almost pariah status, as they place a brown paper bag over their head when they...
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Should you wait to buy your first home in Hitchin or buy now? What sort of mortgages are available? What sort of deposit is required? These are questions all Hitchin buyers are asking at the moment, yet this week I would like to focus on Hitchin first time buyers and what it means directly and indirectly to Hitchin homeowners looking to move up the Hitchin property ladder and Hitchin buy to let landlords. Well quite frankly,...
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