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I read an article from HouseSimple.com entitled: “Stuck in the past: The 17 Towns where house prices haven’t recovered from the financial crisis.” Guess what? Rotherham was included in the list! In June 2007 average house price was £133,572 In June 2017 average house price was £128,544 That’s a drop of -3.8% So I thought […]
Read MoreWe recently received the following testimonial from Raj Shah of Blue Wealth Capital regarding our services. With his permission we share his feedback here. It is always a delight to receive positive feedback from our landlords: Dear Chris and Dawn, On behalf of my wife and I, I am writing to thank you for […]
Read MoreYour mind-set towards buying your first Rotherham buy-to-let property needs to be much different to your mind-set and tactics you employ when buying a home for yourself to live in. The main difference is when purchasing your own property, you may well pay a little more to get the home you (and your family) want, […]
Read MoreDid you know? In Rotherham, there is a 25.3% drop in people that are moving home in the last 10 Years. Back in the early 2000s between 1m and 1.3m people moved each year in England and Wales, peaking at 1,349,306 home-moves (i.e. house sales) in 2002. However, after the ‘credit crunch’ hit in 2007 […]
Read MoreLooking at the UK as a whole, this graph shows the percentage of each age group that are homeowners from 1981 to today. Over 75 percent of Brits aged 65 and above are owner-occupiers, the biggest share since records began and a proportional rise of over 48.3% since the early 1980s. Looking at that age […]
Read MoreThe latest government figures show that ‘real pay’ has dropped 1% in the last six months and from talking to several landlords in the area, they are very conscious of the capacity and ability of their tenants to pay the rent versus their own need to raise rents on their rental properties. However, the evidence […]
Read MoreThe question of which is one we are asked frequently. However, you may be surprised to find out that there isn’t just one big Rotherham property market, but lots of small micro-property markets. Recent data released by the Office of National Statistics (ONS) suggests that at least three of these micro-property markets have emerged over […]
Read MoreRecent set of data from the Land Registry has stated that property values in Rotherham and the surrounding area were 1.58% higher than 12 months ago and 9.12% higher than January 2015. Despite the uncertainty over Brexit, the property values in Rotherham are continuing their medium and long-term upward trajectory. As economics is about supply […]
Read MoreLast week’s article really caused a stir. In it we looked at a young family member of mine who was arguing the case that millennials (those born after 1985) were suffering on the back of the older generation in Rotherham. My family member argued that the older generation had seen the benefit of the cumulative value […]
Read MoreRecently I was having a chat with a second cousin at a big family get-together. The last time I saw them their children were in their early teens. Now their children are all grown up, have partners, dogs and children. Time flies! Over a glass of lemonade I talked with my cousin and a couple of their children […]
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