£1,023 pcm – The Average Hitchin Rent

Posted 13th May 2018 at 15:12

The rents paid by Hitchin tenants are now standing at £1,023 per calendar month (PCM), a rise of 1.5% year on year and 0.2% lower month on month. However, this attention-grabbing monthly rent figure masks stark differences in the various different parts of the Hitchin rental market. Demand in Hitchin for high quality family homes with two or three bedrooms in good catchment areas for schools remains really robust due to tenants wanting access to...

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A noteworthy number of buy to let landlords in Britain plan to buy more properties over the next year notwithstanding the frustrations, challenges and seismic changes in the private rented sector. According to Aldermore, the specialist buy-to-let lender, their research shows around 41% of portfolio buy to let landlord’s objective is to grow their buy-to-let portfolio. (Portfolio landlords are landlords that own more than one property). So, I thought, “Are Hitchin landlords feeling the same?”...

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The Millennials were born between the mid 1980’s and late 1990’s thus making them between the age of around 22 to late 30’s. They are the imaginative, artistic youngsters who grew up with the newest tech and computers and who are huge aficionados of music festivals, gourmet pizzas, emoji’s, selfies and old school nostalgia. Also known as Generation Rent, many Millennials have discovered that renting is a good choice for their shelter and accommodation needs...

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