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Homeownership Amongst Luton’s Young Adults Slumps to 46.3%

Homeownership Amongst Luton’s Young Adults Slumps to 46.3%

The degree to which young Luton people are locked out of the Luton housing market has been revealed in new statistics. A Luton landlord was asking me the other week to what effect homeownership rates in Luton in the early to middle aged adult age range had affected the demand for rental property in Luton […]

599 First Timer Buyers in Luton Bought Their First Home in 2017

A little bit of good news this week on the Luton Property Market as recently released data shows that the number of first time buyers taking out their first mortgage in 2017 increased more than in any other year since the global financial crisis in 2009. The data shows there were 599 first time buyers […]

An extension could add £66,825 to the value of your Luton home

An extension could add £66,825 to the value of your Luton home

As our families grow bigger the need for more space, be that bedrooms or reception rooms, has grown with it. Also, as our older generation lives longer and nursing home bills continue to rise quicker than a rocket on the 5th of November  (the average nursing home bill in the area being £669 per week), […]

Luton Property Market – The 7.5% ‘New Build Premium’

Luton Property Market – The 7.5% ‘New Build Premium’

According to the National House Building Council (NHBC), more than 17,300 new homes were registered to be built in the East last year, an increase of 8.7% on 2016 levels of 15,900 dwellings. Great news when you consider it is one of the highest number of new builds in the region since the pre-recession levels […]

Luton’s ‘Millennials’ set to inherit £227,386 each in property!

Luton’s ‘Millennials’ set to inherit £227,386 each in property!

That got your attention … didn’t it! But before we start, what is Generation X, let alone Generation Z, Millennials, Baby Boomers  … these are phrases banded around about the different life stages (or subcomponents) of our society. But when terminologies like these are used as often and habitually as these phrases (i.e. Gen X […]

Luton’s £283,716,240 “Rentirement”  Property Market Time Bomb

Luton’s £283,716,240 “Rentirement” Property Market Time Bomb

Yes, I said ‘rentirement’, not retirement … rentirement and it relates to the 1,409 (and growing) Luton people, who don’t own their own Luton home but rent their home privately from a buy to let landlord and who are currently in their 50’s and early to mid-60’s. The truth is that these Luton people are […]

Luton Private Rents Hit £14.65 per sq. foot

Luton Private Rents Hit £14.65 per sq. foot

As I am sure you are aware, one the best things about my job as an agent is helping Luton landlords with their strategic portfolio management. Gone are the days of making money by buying any old Luton property to rent out or sell on. Nowadays, property investment is both an art and a science. […]

With Luton Annual Property Values 8.2% Higher, This is My 2018 Forecast

With Luton Annual Property Values 8.2% Higher, This is My 2018 Forecast

Looking at the newspapers between Christmas and New Year, it seemed that this year’s sport in the column inches was to predict the future of the British housing market. So to go along with that these are my thoughts on the Luton property market. With the average 5-year fixed rate mortgage at 1.98% (down from […]

My thoughts on the future of the  Luton Buy-To-Let Market

My thoughts on the future of the Luton Buy-To-Let Market

I was recently reading a report by the Home website which suggested that hordes of landlords are selling their buy-to-let investments due to increasing burdens on them in the buy-to-let market. Their findings suggest the number of new properties that came onto the market nationally (for sale) jumped by 11% across the UK as a […]


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