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Luton House Prices vs Luton Rents since 2006

Luton House Prices vs Luton Rents since 2006

The Luton housing market is a fascinating beast and has been particularly interesting since the Credit Crunch of 2008/9 with the subsequent property market crash. There is currently some talk of a ‘property bubble’ nationally as Brexit seems to be the ‘go-to’ excuse for every issue in the Country. Upon saying that, looking at both […]

Great(er) Expectations: Why Luton Home Sellers are Having to Reduce Their Asking Prices by an Average of £15,500 Each

Great(er) Expectations: Why Luton Home Sellers are Having to Reduce Their Asking Prices by an Average of £15,500 Each

As we leave the memorably hot summer behind us, some interesting statistics have come to light on the Luton Property Market which will be thought provoking for both homeowners and buy to let landlords alike. Over the last 12 months 2,009 households have changed hands in Luton, interesting when compared with the 10-year average of […]

7 Reasons Why Luton Buy To Let Landlords Shouldn’t Be Criticised

7 Reasons Why Luton Buy To Let Landlords Shouldn’t Be Criticised

There is no escaping the fact that over the last couple of decades, the rise in the number buy to let properties in Luton has been nothing short of extraordinary.  Many in the “left leaning” press have spoken of a broken nation, the fact many youngsters are unable to buy their first home with the […]

1.2% Drop in the Luton Property Market

1.2% Drop in the Luton Property Market

The number of residential property transactions in Luton will be 1.2 per cent lower in 2018, compared to 2017. According to my research, the seasonally adjusted statistics for our local authority area suggest with the number of properties already sold in 2018, and the number of properties currently under offer or sold subject to contract […]

45 Days to Sell a Property in Luton

45 Days to Sell a Property in Luton

Whether you are a Luton landlord looking to liquidate your buy to let investment or a homeowner looking to sell your home, finding a buyer and selling your property can take an annoyingly long time. It is a step-by-step process that can take months and months. In fact, one of the worst parts of the […]

Value of Luton Property Market falls £308.6m

Value of Luton Property Market falls £308.6m

The combined value of Luton’s housing market has fallen by £308,648,576 in the last 6 months, meaning the average value of a Luton property has decreased in value by an average of £5,056. This is great news for Luton first time buyers and Luton buy to let landlords, as there is a slight hesitation in […]

How Would a Hard Brexit Affect Luton House Prices?

How Would a Hard Brexit Affect Luton House Prices?

I have been asked a number of times recently what a hard Brexit would mean to the Luton property market. To be frank, I have been holding off giving my thoughts, as I did not want to add fuel to the stories being banded around in the national press. However, it’s obviously a topic that […]

‘Taxing’ Time for the 9,816 Luton Buy To Let Landlords

‘Taxing’ Time for the 9,816 Luton Buy To Let Landlords

Over the last twenty years, there has been a shift in the way the Luton (and the UK’s) property market works. In the 1960’s, 70’s, 80’s and 90’s, a large majority of twenty somethings saved up their 5% deposit, went without life’s luxuries of going out and holidays etc., for a couple of years and […]

What Will Happen to Luton Property Values if Interest Rates Rise?

What Will Happen to Luton Property Values if Interest Rates Rise?

The current average value of a property in Luton currently stands at £262,900 and the base rates at 0.5%. In many of my articles, I talk about what is happening to property values over the short term (i.e. the last 12 months or the last 5 years), but to answer this question we need to […]