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Well the fallout from the recent Budget is still continuing.  I was chatting to a couple of movers and shakers from the Edgware area the other day, when one said, “There isn’t enough land to build all these 300,000 houses Philip Hammond wants to build each year”. …and if you read the Daily Mail, you […] The post 67.11% of Edgware and Barnet is Built on … Building Plot Dilemma or Not? appeared first on Edgware Property Blog.

I miss the good old days of George Osborne as Chancellor, with his hardhat and hi-vis jacket. He must have visited every new home building site in the UK with his trademark attire! For the last few years, the nearest Philip Hammond got to donning a ‘Bob the Builder’ outfit was at his grandchild’s birthday […] The post Edgware Property Market and Hammond’s Budget Promise to Build 300,000 more homes appeared first on Edgware Property Blog.

It’s now been a good 18/24 months since annual rental price inflation in Edgware peaked at 4.3%. Since then we have seen increasingly more humble rent increases. In fact, in certain parts of the Edgware rental market over the autumn, the rental market saw some slight falls in rents. So, could this be the earliest […] The post Edgware Rents Set to Rise to £1,661 pm in Next 5 Years appeared first on Edgware Property Blog.

Edgware homeowners will be among those affected by the latest rise in the Bank of England interest rates. The first increase in 10 years; they have just been raised from 0.25 percent to 0.5 per cent. This uplift comes as inflation hits a 51-month high of 2.9 per cent whilst the national unemployment rate is […] The post Increase in Interest Rates to cost Edgware Home Owners £512.89 a year appeared first on Edgware Property Blog.

I had the most interesting conversation the other day with a local Edgware accountant, who asked me about my articles on the Edgware property market. It was quite humbling to be given praise by such a professional, when he commented enthusiastically on the articles I write. He was particularly interested with the graphs, facts and […] The post The Edgware House Price Index: 174.37 appeared first on Edgware Property Blog.

As the winter months draw in and the temperature starts to drop, keeping one’s home warm is vital. Yet, with the price of gas and electricity rising quicker than a Saturn V rocket and gas, oil and electricity taking on average 4.4% of a typical Brit’s pay packet (and for those Brit’s with the lowest […] The post One in 30 rental properties in the Edgware area will be illegal in 2018 appeared first on Edgware Property Blog.

In the credit crunch of 2008/9 the rate of home moving plunged to its lowest level ever. In 2009 the rate at which a typical house would change hands slumped to only once every 24.5 years. The biggest reason being that confidence was low and many homeowners didn’t want to sell their home as Edgware […] The post Edgware Homeowners Are Only Moving Every 16 Years (part 2) appeared first on Edgware Property Blog.

As I mentioned in a previous article, the average house price in Edgware is 16.02 times the average annual Edgware salary. This is higher than the last peak of 2008, when the ratio was 10.37. A number of City commentators anticipated that in the ambiguity that trailed the Brexit vote, UK (and hence Edgware) property prices […] The post Edgware Home Owners Are Only Moving Every 16 Years (part 1) appeared first on Edgware Property Blog.

I recently read a report by the Yorkshire Building Society that 54% of the country has seen wages (salaries) rise faster than property prices in the last 10 years. The report said that in the Midlands and North, salaries had outperformed property prices since 2007, whilst in other parts of the UK, especially in the […] The post Edgware House Prices Outstrip Wage Growth by 21.12% since 2007 appeared first on Edgware Property Blog.

Moving to a bigger home is something Edgware people with growing young families aspire to. Many people in two bedroom homes move to a three-bedroom home and some even make the jump to a four-bed home. Bigger homes, especially three bed Edgware homes are much in demand and it can be a costly move. If […] The post Moving from a 2 bed Edgware Property to a 4 bed will cost you £1,660 pm appeared first on Edgware Property Blog.

I was having a lazy Saturday morning, reading through the newspapers at my favourite coffee shop in Edgware.  I find the most interesting bits are their commentaries on the British Housing Market.  Some talk about property prices, whilst others discuss the younger generation grappling to get a foot-hold on the property ladder with difficulties of […] The post 30.7% Drop in Edgware People Moving Home in the Last 10 Years appeared first on Edgware Property Blog.

The mind-set and tactics you employ to buy your first Edgware buy to let property needs to be different to the tactics and methodology of 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 […] The post Edgware Buy-to-Let Return / Yields – 2.7% to 7.4% a year appeared first on Edgware Property Blog.

Max Lee, 37-year-old father of two from Edgware, was out house hunting. It was a pleasant August Saturday afternoon, and our man cycles along on his bike. He cycles up a street of suburban semis, where he spots a few retired mature neighbours, chatting to each other over the garden fence. He leans his bicycle […] The post Decreasing Numbers of Younger Homeowners in Edgware appeared first on Edgware Property Blog.

My thoughts to the landlords and homeowners of Edgware… The tightrope of being a Edgware buy-to-let landlord is a balancing act many do well at. Talking to several Edgware landlords, they are very conscious of their tenants’ capacity and ability to pay the rent and their own need to raise rents on their rental properties […] The post Slowing Edgware Property Market? Yes and No! appeared first on Edgware Property Blog.

The most recent set of data from the Land Registry has stated that property values in Edgware and the surrounding area were 2.53% higher than 12 months ago and 18.6% higher than January 2015. Despite the uncertainty over Brexit as Edgware (and most of the UK’s) property values continue their medium and long-term upward trajectory. […] The post Supply and Demand Issues mean Edgware Property Values Rise by 2.5% in the Last 12 Months appeared first on Edgware Property Blog.

“What’s happening to the Edgware Property Market” is a question I am asked repeatedly.  Well, would it be a surprise to hear that my own research suggests that there isn’t just one big Edgware property market – but many small micro-property markets? According to recent data released by the Office of National Statistics (ONS), I […] The post Edgware’s New 3 Speed Property Market appeared first on Edgware Property Blog.

As the dust starts to settle on the various unread General Election party manifestos, with their ‘bran-bucket’ made up numbers, life goes back to normal as political rhetoric on social media is replaced with pictures of cats and people’s lunch.  Joking aside though, all the political parties promised so much on the housing front in […] The post Edgware Property Market and Mysterious Politics of the General Election appeared first on Edgware Property Blog.

Over the last 12 months, the UK has decided to leave the EU, have a General Election with a result that didn’t go to plan for Mrs May and to add insult to injury, our American cousins elected Donald Trump as the 45th President of the United States. It could be said this should have caused […] The post Edgware Homeowners and their £1.46 billion Debt appeared first on Edgware Property Blog.

Well last week’s article “The Unfairness of the Edgware Baby Boomer’s £5,424,230,000 windfall?” 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 Edgware. They claimed the older generation had […] The post Edgware Baby Boomers vs. Edgware Millennials (Part 2) appeared first on Edgware Property Blog.

According to my research, of the 22,947 properties in Edgware, 8,746 of those properties have mortgages on them. 81.5% of those mortgaged properties are made up of owner-occupiers and the rest are buy to let landlords (with a mortgage). … but this is the concerning part .. 1,889 of those Edgware mortgages are interest only. […] The post Edgware’s 1,889 Mortgage Time-Bombs? appeared first on Edgware Property Blog.

Recently I was having a chat with one of my second cousins at a big family get-together. The last time I had seen them their children were in their early teens. Now their children are all grown up, have partners, dogs and children. Wow – how time flies! So, I got talking over a glass […] The post The Unfairness of the Edgware Baby Boomer’s £5,424,230,000 Windfall? (Part 1) appeared first on Edgware Property Blog.

50 years ago, in 1967, the first human heart transplant was performed by Dr Christian Barnard in South Africa. In the same year Sweden switched from driving on the left-hand side to the right-hand side of the road. The average value of an Edgware property was £6,779, interest rates were at 5.5% and The Beatles […] The post The Edgware Property Market, The Beatles, Sweden and 50 year mortgages appeared first on Edgware Property Blog.

On several occasions over the last few months, in my Edgware Property Blog, I predicted that the rate of rental inflation (i.e. how much rents are rising by) had eased over the last year. At the same time I felt that in some parts of the UK rents had actually dropped for the first time […] The post Edgware Buy-To-Let Predictions up to 2037 appeared first on Edgware Property Blog.

In  November 2015, George Osborne disclosed plans to restrain the buy-to-let (BTL) market, implying its growing attractiveness was leaving aspiring first time buyers contesting with landlords for the restricted number of properties on the market.  One of things he brought in was that tax relief on BTL mortgages would be capped, starting in April 2017. […] The post 4,905 Edgware Landlords – Is This a Legal Tax Loop-Hole? appeared first on Edgware Property Blog.

Should you buy or rent a house? Buying your own home can be expensive but could save you money over the years. Renting a property through a letting agent or private landlord offers less autonomy to live by your own rules, with more flexibility if you need to move. Yet, there is third way that […] The post Council House Waiting List in Edgware Drops by 82% in last 9 years appeared first on Edgware Property Blog.

I received a very interesting letter the other day from an Edgware resident. He declared he was an Edgware homeowner, retired and mortgage free. He stated how unaffordable Edgware’s rising property prices were and that he worried how the younger generation of Edgware could ever afford to buy? He went on to ask if it […] The post Edgware First Time Buyers Mortgages taking 46.1% of their Wages appeared first on Edgware Property Blog.

“How far do Edgware people go to move to a new house?” This was an intriguing question asked by one of my clients the other week. Readers of my property blog will know I love a challenge, especially when it comes to talking about the Edgware Property Market! For the majority, the response is not […] The post 19.7 miles – The average distance people go to escape living in Edgware appeared first on Edgware Property Blog.

There are 23.36 million properties in England and Wales with 64% being owner occupied and 36% being rented either from a private landlord, local authority or housing association. Over nine out of ten of those English and Welsh owner-occupied properties are a whole house or bungalow. Now, most people w ould assume they would be […] The post 1 in 5 Edgware Properties are Leasehold appeared first on Edgware Property Blog.

This was a question posed to me on social media a few weeks ago, after my article about our mature members of Edgware society and the fact many retirees feel trapped in their homes. After working hard for many years and buying a home for themselves and their family, the children have subsequently flown the […] The post Should the 6,344 home owning OAP’s of Edgware be forced to downsize? appeared first on Edgware Property Blog.

As more babies are being born to Edgware mothers, I believe this increase will continue to add pressure to the over stretched Edgware property market and materially affect the local property market in the years to come.   On the back of eight years of ever incremental increasing birth rates, a significant 6.50 babies were […] The post 6.50 Babies Born for Each New Home Built in the Edgware area appeared first on Edgware Property Blog.

According to the Land Registry’s latest House Price Index for Edgware and the surrounding locality, the value of apartments/flats are rising at a faster rate than terraced/town houses, semi-detached properties and even detached property. Values of apartments in Edgware have increased by 4.28% over the past year, which is proportionally 19% more than the Edgware […] The post Edgware Flats Out Perform Property Market Average by 19% appeared first on Edgware Property Blog.

In Edgware (or HA8 to be precise), of the 22,947 households, 6,089 homes are owned without a mortgage and 7,127 homes are owned by a mortgage. Many homeowners have made contact me with asking what the General Election will do the Edgware property market?  The best way to tell the future is to look at […] The post What will the General Election do to 13,216 Edgware Homeowners? appeared first on Edgware Property Blog.

  So all cards up in the air! A general election will be on the books, but one thing is for sure … whoever gets the job to deal with Brexit has a hard job on their hands (I’m just glad its not me!) As it currently stands, by not assuring the rights of EU citizens […] The post Hard Brexit could cause 10,700 properties to be dumped onto the Edgware Property market appeared first on Edgware Property Blog.

It might surprise you that it isn’t always the poshest villages around Edgware or the swankiest Edgware streets where properties sell and let the quickest. Quite often, it’s the ones that have the best transport links. I mean, there is a reason why one of the most popular property programmes on television is called Location, Location, Location! As an agent […] The post 1,948,968 People use Mill Hill Broadway Train Station a year – How does that affect the Edgware Property Market? appeared first on Edgware Property Blog.

The Edgware Property Market is a very interesting animal and has been particularly fascinating over the last 12 years when we consider what has happened to Edgware rents and house prices.   There’s currently much talk of what will happen to the rental property market following Brexit. To judge that, I believe we must look […] The post Edgware rents rise by 33.3% since 2005 appeared first on Edgware Property Blog.

A Edgware homeowner emailed me last week, following my article posted in the Edgware Property Blog about the change in attitude to renting by the youngsters of Edgware and how they thought it was too expensive for first time buyers to buy in Edgware.  There can be no doubt that buy to let landlords have played […] The post Edgware’s housing affordability hits a ratio of 13.99 to 1 appeared first on Edgware Property Blog.

The next five years will see an interesting change in the Edgware property market. My recent research has concluded that the rent private tenants pay in Edgware will rise faster than Edgware property prices over the next five years, creating further issues to Edgware’s growing multitude of renters. In fact, my examination of statistics forecasts […] The post Edgware Rents To Rise Quicker Than Edgware Property Prices In Next 5 Years appeared first on Edgware Property Blog.

2017 has started with some positive interest in the Edgware property market.  Taking a snap shot of the Edgware property market for the first quarter of 2017, the picture suggests some interesting trends when it comes to the number of properties available to buy, their asking prices and what prices properties are actually selling for. […] The post 357 Properties For Sale in Edgware … is this a good time to sell? appeared first on Edgware Property Blog.

Investing in Edgware buy to let property is different from investing in the stock market or depositing your hard-earned cash in the Building Society. When you invest your money in the Building Society, this is considered by many as the safe option but the returns you can achieve are awfully low (the best 2-year bond […] The post ‘Flipping’ Heck – Edgware Property Values Rise by £76.79 a day appeared first on Edgware Property Blog.

The Edgware housing market has gone through a sea change in the past decades with the Buy-to-Let (B-T-L) sector evolving as a key trend, for both Edgware tenants and Edgware landlords. A few weeks ago, the Government released a White Paper on housing. I have had a chance now to digest the report and wish […] The post How The Rented Sector Has Transformed The Property Market In Edgware appeared first on Edgware Property Blog.

Last week, I wrote an article on the plight of the Edgware 20 something’s often referred to by the press as ‘Generation Rent’. Attitudes to renting have certainly changed over the last twenty years and as my analysis suggested, this change is likely to be permanent. In the article, whilst a minority of this Generation […] The post Edgware’s ‘Generation Trapped’ and the £6.76bn legacy appeared first on Edgware Property Blog.

  The good old days of the 1970’s and 1980’s eh … with such highlights lowlights as 24% inflation, 17% interest rates, 3 day working weeks, 13% unemployment, power cuts … those were the days (not)… but at least people could afford to buy their own home. So why aren’t the 20 and 30 something’s […] The post ‘Generation Rent (Forever)’ – 6,185 Edgware Tenants have no intention of ever buying a property to call home appeared first on Edgware Property Blog.

If I were a buy to let landlord in Edgware today, I might feel a little bruised by the assault made on my wallet after being (and continuing to be) ransacked over the last 12 months by HM Treasury’s tax changes on buy to let. To add insult to injury, Brexit has caused a tempering […] The post With 16,106 people in Private Rented Properties in Edgware – should you still be investing in Edgware Buy To Let? appeared first on Edgware Property Blog.

  Starting with the bigger picture, over the last 12 months in the UK, 1,061,557 properties were sold with a total value of £223.74bn. To give that some context, ten years ago 1,581,727 properties were sold with a total value of £405.56bn, you can see the number of people moving house has dropped by over […] The post Edgware First Time Buyers borrow £39.7m in the last 12 months appeared first on Edgware Property Blog.

Recent statistics published by the Office of National Statistics show that there are 267,704 private rented households in the Country that are occupied by people aged 65 and older, meaning 4.39% of OAP’s are living in private rented property.   It got me thinking two things. How many of these OAP’s have always rented and […] The post 306 Edgware Households Occupied by OAP Renters appeared first on Edgware Property Blog.

It was late May 2016, The Right Hon. Member for Tatton, Mr George Osborne, published an official HM Treasury analysis stating UK house prices would be lower by at least 10% (and up to 18%) by the middle of 2018 compared with what is expected if the UK remained in the European Union. So, eight […] The post Edgware Unemployment Drops to 5.2% and its effect on the Edgware Property Market appeared first on Edgware Property Blog.

“How much would it cost to buy all the properties in Edgware?”   This fascinating question was posed by the 11-year-old son of one of my Edgware landlords when they both popped into my offices before the Christmas break (doesn’t that seem an age away now!). I thought to myself, that over the Christmas break, […] The post £10.62bn – The total value of all Edgware Property Market appeared first on Edgware Property Blog.

An Englishman’s Home is His Castle as Maggie Thatcher lauded – everyone should own their own home. In 1971, around 50% of people owned their own home and, as the baby-boomers got better jobs and pay, that proportion of homeowners rose to 69% by 2001. Homeownership was here to stay as m any baby boomers […] The post £43m a year black hole in the Edgware Property Market – Is Buy to Let Immoral? (Part 2) appeared first on Edgware Property Blog.

  Can we blame the 55 to 70-year-old Edgware citizens for the current housing crisis in the town? Also known as the ‘Baby Boomer Generation’, these Edgware people were born after the end of the Second World War as the country saw a massive rise in births as they slowly recovered from the economic hardships […] The post Private Renting in Edgware set to hit 6,916 households by 2021 – Is Buy to Let immoral? (Part 1) appeared first on Edgware Property Blog.

Well, it doesn’t seem like two minutes ago that it was Christmas – and now it’s all over! One cold December morning, after arranging the office’s Christmas cards I thought I would nip out for a quick festive coffee and over-priced mince pie at my favourite local coffee shop Coffee Affair.  I met an old […] The post Edgware Property Market Sees An Unpredicted Autumn Boost of 38% appeared first on Edgware Property Blog.

Good Morning, Happy New Year to all my readers, I hope you all have had a lovely festive break with your friends and family. Well for most now its back to reality with day to day routines back to normal. I would like to wish all of you the very best for 2017. Take a […] The post Edgware property price rises set to be more restrained in 2017 due to Brexit appeared first on Edgware Property Blog.

The semi-detached house with its bay windows and net curtains has long been ridiculed as an emblem of safe, lacklustre and desperately uncool suburban life; the homes of the likes of Hyacinth Bucket in Keeping up Appearances and more latterly Alan Partridge – but they could have the last laugh – having enjoyed one of […] The post Edgware Semi Detached House Prices rise by 435% in 20 years appeared first on Edgware Property Blog.

Figures just released by the Bank of England, show that for the first half of 2016, £128.73bn was lent by UK banks to buy UK property – impressive when you consider only £106.7bn was lent in the first half of 2015. Even more interesting, was that most of the difference was in Q2, as £68.12bn […] The post Edgware First Time Buyers Are Paying 10.9% More Than 12 Months Ago appeared first on Edgware Property Blog.

There’s a whole legion of wannabe Edgware first-time buyers keen to get on the property ladder and they now have a 3% price advantage over the previously quicker responding army of Edgware landlords with cash at the ready. Since the start of April, buy to let landlords have had to pay an additional 3% stamp […] The post £9,500 boost to Edgware First time buyers appeared first on Edgware Property Blog.

‘An Englishman’s Home is his Castle’ is the phrase that was coined in Victorian times as the UK has a reputation for being a country of home owners .. but the truth could be further from the point, because in a league of the top 46 economic nations of the world, where owning your property […] The post Edgware Property Market in Crisis : Who is to blame? appeared first on Edgware Property Blog.

“A pound saved is worth two pounds earned . . . after taxes” is what my Grandfather used to say. He loved his irony, yet was always a wise man, and it is tax I want to talk about today, in particular, property taxation .. Stamp Duty in fact. Apart from some minor exemptions, Stamp […] The post £18m paid in Stamp Duty by Edgware Residents appeared first on Edgware Property Blog.

Tenant Fees set to banned within 12 to 18 months Rents due to rise as those fees passed to Landlords Landlords won’t be worse off – and neither will tenants or agents With our new Chancellor of the Exchequer revealing a ban on tenant fees in his first Autumn Statement on Wednesday what does this […] The post Edgware Landlords and Tenants : What does the Tenant Fee Banning order mean for you? appeared first on Edgware Property Blog.

“How’s the Edgware housing market doing?” asked an upbeat Edgware landlord last week.  “Quite strange”, I replied. Our landlord was perplexed! Let me explain… Even the Brexit vote has not hindered Edgware’s steady rise in property value, as Edgware property values went up 0.41% last month alone, leaving Edgware values 12.82% higher than a year […] The post Edgware Property Values increase by 0.41% … good or bad news? appeared first on Edgware Property Blog.

Back in the Spring, there was a surge in Edgware landlords buying buy to let property in Edgware as they tried to beat George Osborne’s new stamp duty changes which kicked in on the 1st April 2016. To give you an idea of the sort of numbers we are talking about, below are the property […] The post Average Rent Paid by Tenants in Edgware rise to £1,469 per month appeared first on Edgware Property Blog.

I was having a most interesting chat the other day with an Edgware landlord when we were looking at a property. As I am sure you are aware, I am always happy to cast my eye over any potential buy to let purchase in Edgware, be that you emailing me a Rightmove link, a brochure […] The post Private Renting set to grow by 2,100 Edgware households by 2025 appeared first on Edgware Property Blog.

I had an interesting chat the other day with an Edgware landlord. He said he had been chatting with an architect friend of his who said back in the mid 2000’s, the developments he was asked to draw were a balance of one and two bed properties, compared to today where the majority of the […] The post 7.8% of Edgware People live in Shared Households appeared first on Edgware Property Blog.

As the trees turn from green to hues of red and brown, the Edgware property market has a confident feel to it. With the underlying fundamentals of a continued lack of properties being built, a shortage of properties (both in terms of quantity and quality) coming to the market and the continued low mortgage rate […] The post Edgware Property Market in 2017 and Beyond appeared first on Edgware Property Blog.

Roll the clock back 35 years to 1981, and Mrs. T was in power, we had a Royal Wedding, Britain won the Ashes and Bucks Fizz won Eurovision with ‘Making your Mind up’.   Haven’t things changed.  The number of homeowners and property investors who said they wish they had hindsight and bought up every house […] The post 1,442% – Rise in Edgware Property Prices since 1981 appeared first on Edgware Property Blog.

  Well its been a few months since Brexit and as we settle into the Autumn with Great British Bake Off, Strictly and the Football season … the newspapers are returning to their mixed messages of good news, bad news and indifferent news about the Brit’s favourite subject after the weather … the property market. […] The post What is really happening in the Edgware Property Market? appeared first on Edgware Property Blog.

You might ask, what has the plight of the Edgware savers to do with the Edgware Property Market … everything in fact.  Read the newspapers, and every financial wizard is stating that with the decision of the Bank of England’s Monetary Policy Committee in early August to cut the Bank of England base rate to […] The post The 6,169 Edgware Savers batten down the hatches with low interest rates set to continue into the 2020’s appeared first on Edgware Property Blog.

I had an interesting chat with a Penshurst Gardens landlord who owns a few properties in the district. He popped his head in to my office as his wife was shopping in the area (and let’s be honest talking about the Edgware Property Market is a lot more interesting than clothes shopping!). We had never […] The post What will the 0.25% Interest Rate do to the Edgware Property Market? appeared first on Edgware Property Blog.

A few weeks ago I was asked a fascinating question by a local Councillor who, after reading the Edgware Property Blog, emailed me and asked me – “Are Edgware Landlords meeting the Challenges of tenanted families bringing up their families in Edgware?” What interesting question to be asked. Irrespective of whether you are tenant or […] The post 50.1% of Edgware Rented Property have Children living in them appeared first on Edgware Property Blog.

Edgware is already in the clutches of a population crisis that has now started to affect the quality of life of those living in Edgware. There are simply not enough homes in Edgware to house the greater number of people wanting to live in the borough. The burden on public services is almost at breaking […] The post 17,700 People Live In Every Sq. Mile Of Edgware – Is Edgware Over Crowded? appeared first on Edgware Property Blog.

The orthodox way of classifying property in the UK is to look at the number of bedrooms rather than its size in square metres (although now we are leaving the EU – I wonder if we can go back to feet and inches?). It seems that homeowners and tenants are happy to pay for more […] The post 71.7% of Edgware Properties have 3 or more bedrooms – Problem or Opportunity? appeared first on Edgware Property Blog.

Even the most sane person in Britain has to admit the Brexit vote will, in one shape or another, affect the UK Property market. Excluding central London which is another world, most commentators are saying prices will be affected by around 10%. So looking at the commentators’ thoughts in more detail, property values in Edgware […] The post Post Brexit – Edgware Property Prices set to drop £51,200 in the next 12 months? appeared first on Edgware Property Blog.

I was having an interesting chat with an Edgware buy to let landlord the other day when the subject of size of households came up in conversation. For those of you who read my Brexit article published on the morning after the referendum, one of the reasons on why I thought the Edgware property market […] The post 27.9% Of Edgware Homes Are One Person Households appeared first on Edgware Property Blog.

Call me old fashioned, but I do like the terraced house. In fact, I have done some research that I hope you will find of interest my Edgware property market blog reading friends! In architecture terms, a terraced or townhouse is a style of housing in use since the late 1600’s in the UK, where […] The post The Edgware Love Affair with its 1,060 Terraced House appeared first on Edgware Property Blog.

Well it’s been x weeks since the Referendum vote and we have had a chance to reflect on the momentous decision that the British public took. Many of you read the article I wrote on the morning of the results. I had gone to bed the night before with a draft of my Remain article […] The post 90.2% of Edgware Homeowners are over 35 – The affect of their Brexit vote on the Edgware Property Market appeared first on Edgware Property Blog.

It’s 5.50am as I start to type this article and David Dimbleby has just announced the UK will be leaving the EU as the final votes are counted. As most of the polls suggested a Remain Vote, it came as a surprise to most people, including the City. The Pound has dropped 6% this morning […] The post 62.2% of Barnet Voters voted to Stay the EU – What now for the 18121 Edgware Landlords and Homeowners? appeared first on Edgware Property Blog.

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Well, as a New Year begins I remembered that a few days before Christmas, I got chatting with one of my out of town landlords who was back in Edgware visiting his family. Brought up in Edgware, he went to Canons High School back in the 1970’s and is now a University Lecturer in central […] The post Edgware Buy to Let sees returns of 12.80% in 2015 appeared first on Edgware Property Blog.

You find me in a reflective mood today as I want to talk about the future of investing in property in Edgware. The truth is that we have got fat and lethargic, with many people having mistaken the ever rising Edgware (and in fact the whole of the UK) property market since the 1960’s as […] The post Private Renting in Edgware increases by 536.93% in 20 years appeared first on Edgware Property Blog.

There I was, out with the family at Royal Air Force Museum last weekend, when a smart gentleman approached me. ‘Hello’, he said, ‘You are the person writes that Property Blog aren’t you? We have met before at that Business Networking event in Edgware a few months ago’. I did then recognise him and, whilst […] The post 19,521 Barnet Homes bought by private landlords in the last 20 years – Is this the end for first time buyers in Edgware? appeared first on Edgware Property Blog.

I had an interesting email from someone in Edgware a few weeks ago that I want to share with you (don’t worry I asked his permission to share this with you all). In a nutshell, the gentleman lives in Stonegrove, in his mid 60’s and still working. He has a decent pension, so that when […] The post £330,000 inheritance – Is buying Edgware Property still the best place for my windfall? appeared first on Edgware Property Blog.

My parents bought their first house in the 1960’s, they were in their early 20’s. Interestingly, looking at some research by the Post Office from a few years ago, in the 1960’s the average age people bought their first house was 23. By the early 1970s, it had reached 27, rising to 28 in the […] The post Has owning a home become an unattainable dream for the 5,641 Barnet 28 year olds appeared first on Edgware Property Blog.

The ‘Right to Buy’ scheme was a policy introduced by Maggie Thatcher in 1980 which gave secure council tenants the legal right to buy the Council home they were living in with huge discounts. The heyday of Council ‘Right To Buys’ was in the 80’s and 90’s, when 1,719,368 homes in the country were sold […] The post Only 11,664 Council Houses in the Edgware and Barnet left – Opportunity or problem? appeared first on Edgware Property Blog.

I don’t know about you, but I find if you read the Daily Mail, there are only three topics that make the blood boil of ‘Middle England’. Bureaucracy from Brussels, House Prices and the late Princess of Wales. Ignoring the late Princess if I can for this article, but if we as a country were […] The post What would Brexit mean to the 79,079 Edgware and Barnet Property owners? appeared first on Edgware Property Blog.

Renting used to be a dirty word in the 60’s and 70’s. You either lived in a ‘Rigsby Rising Damp’ style bedsit with wood chip on the wall and a coin operated electric meter (that buzzed in the night) or you lived in a council house. In the latter part of the 20th Century, the […] The post 40% of Barnet people Rent – Is that Healthy? appeared first on Edgware Property Blog.

I do like to have a coffee at Orli on Hale Lane in Edgware. Whilst in there, a suited gentleman approached me and asked if I was the person who wrote the newsletters about the Edgware property market. We ended up having an interesting chat about the local property market, as he was concerned his […] The post Edgware Property Values rise by 2% month on month appeared first on Edgware Property Blog.

Well, hasn’t 2016 been eventful. The ups and downs of Brexit, the Queen’s 90th, Andy Murray winning Wimbledon, Trump, Bake Off to Channel 4 and something close to the hearts of every buy to let landlord and homeowner in Edgware … the Edgware property market. So, let’s look at the headlines for the Edgware property […] The post Edgware Property Market – Q4 Update appeared first on Edgware Property Blog.

I do like to have a coffee at Barista by the station in Edgware. Whilst in there, a suited gentleman approached me and asked if I was the person who wrote the newsletters about the Edgware property market. We ended up having an interesting chat about the local property market, as he was concerned his […]

Renting used to be a dirty word in the 60’s and 70’s. You either lived in a ‘Rigsby Rising Damp’ style bedsit with wood chip on the wall and a coin operated electric meter (that buzzed in the night) or you lived in a council house. In the latter part of the 20th Century, the […]

Edgware people aged over 65 currently hold more housing wealth in their homes than the annual GDP of the whole of Blackpool … and this is a problem for everyone in Edgware! Many retiree’s want to move but cannot, as there is a shortage of such homes for mature people to downsize into.  Due to […] The post Edgware OAP’s sitting on £2.74 bn of Property appeared first on Edgware Property Blog.

That isn’t a typo, of the 22,947 households in Edgware, 5,630 of those properties don’t only have one spare bedroom, but two spare bedrooms! … and it is this topic I want to talk about this week, my Edgware Property Market Blog readers – because this could be the cure for Edgware’s housing crisis. The […]

The ‘Right to Buy’ scheme was a policy introduced by Maggie Thatcher in 1980 which gave secure council tenants the legal right to buy the Council home they were living in with huge discounts. The heyday of Council ‘Right To Buys’ was in the 80’s and 90’s, when 1,719,368 homes in the country were sold […]

My parents bought their first house in the 1960’s, they were in their early 20’s. Interestingly, looking at some research by the Post Office from a few years ago, in the 1960’s the average age people bought their first house was 23. By the early 1970s, it had reached 27, rising to 28 in the […]

Edgware’s continuing housing shortage is putting the town’s (and the Country’s) repute as a nation of homeowners ‘under threat’, as the number of houses being built continues to be woefully inadequate in meeting the ever demanding needs of the growing population in the town. In fact, I was talking to my parents the other day […]

The Edgware Property Market continues to disregard the end of the world prophecies of a post Brexit fallout with a return to business as usual after the summer break. The challenge every Edgware property buyer has faced over the last few years is a lack of choice – there simply hasn’t been much to choose […] The post Edgware Housing Crisis? Only 2.2% of Edgware Homes Are For Sale appeared first on Edgware Property Blog.

There I was, out with the family at Royal Air Force Museum last weekend, when a smart gentleman approached me. ‘Hello’, he said, ‘You are the person writes that Property Blog aren’t you? We have met before at that Business Networking event in Edgware a few months ago’. I did then recognise him and, whilst […]

I had an interesting email from someone in Edgware a few weeks ago that I want to share with you (don’t worry I asked his permission to share this with you all). In a nutshell, the gentleman lives in Stonegrove, in his mid 60’s and still working. He has a decent pension, so that when […]

Over the last month, the Edgware property market has seen some interesting movement in house prices, as property values in the Barnet London Borough Council area rose by 1.9% in the last month, to leave annual price growth at 15.3%. These compare well to the national figures where property prices across the UK saw a […] The post House Prices in Edgware rise by more than 17% in the last 18 months appeared first on Edgware Property Blog.

Well, as a New Year begins I remembered that a few days before Christmas, I got chatting with one of my out of town landlords who was back in Edgware visiting his family. Brought up in Edgware, he went to Canons High School back in the 1970’s and is now a University Lecturer in central […]

One of my landlords rang me last week from Canons Drive, after he had spoken to a friend of his. Over Christmas, they were discussing the Edgware property market and neither of them could make their mind up if it was time to either sell or buy property. If you read the newspapers and the […]

We just Sold a similar property here just before the new year for just shy of £190,000 these are great renters and as i always say, every Edgware investor should have a Springwood flat in their portfolio so if you can pick this up at auction for £180,000- £185,000 you have done ok it will […]

Burnt Oak has long been an area of choice with savvy investors and propeties like this show why; Alan Sadick & Co is offering a first floor, 2 bedroom flat at £219,950 available on a long lease on Burnt Oak Broadway above Iceland. The flat is currently tenanted and offered in good condition benefiting from […]

Sterling Avenue is another popular area for Investors who seem to love the maisonettes that the road offers, I’m sure this one will attract a lot of attention, with the added benefit of  a virtual freehold, garage and no chain. This property is being marketed by Benjamin Stevens and the important details are it’s a first […]

Here’s something you don’t see often-a price reduction; it’s on a 3 bedroom flat in Cranmer Road being marketed by Anscombe & Ringland of Stanmore, price reduced from its initial asking price in September of £550,000 by £50k to £500,000. The property is on the popular Broadfields Estate and boasts three bedrooms and is on the […]

I just noticed that this 2 bedroom investment property being offered by Bairstow Eves in Colindale has just had a £15k reduction in asking price now reduced to £240,000 , it’s ex council but there’s plenty of demand for rental properties in the area and has a potential rental income of £1000-1200pcm http://www.zoopla.co.uk/for-sale/details/37821086#LHIe59hkp2PBhjVs.99

Bairstow Eves are marketing a newly refurbished,  spacious two bedroom second floor apartment above shops in Burnt Oak. This two bedroom apartment on the second floor of a well maintained building. The agents details say the property is bright and airy throughout and has large rooms with plenty of character. There’s no upper chain on this property & a […]

Benjamin Stevens have just bought to the market this two Bedroom first floor Maisonette in Selwyn Court, in Burnt Oak at £275,000, located just off Bacon Lane and within easy reach of Edgware Tube Station and Shops. Accommodation offers Bay-Fronted Reception Room, Separate Fitted Kitchen, Two Bedrooms and Bathroom. There is also direct access to a […]

The one interesting thing about Edgware is the lack of difference in price on houses in the area for lettings, this house i have featured could easily rent for £1500- £1600 per month but a detached Three bedroom house in Edgware may be worth £300,000 more but only achieve an extra £300 a month more […]

It’s not a deal but could this be your dream home? for sure you cant help but notice this unique property on Edgwarebury Lane, architecturally stunning it stands out from the crowd and in my opinion is one of Edgware’s most original houses and now it can be yours. It’s being marketed by Brampton Estates […]

Prime Metro Properties in Baker Street are offering this lovely semi detached house in Edgware at £575,000. This property is in excellent condition and would make a great family home but also offers something for the investor, with rental income in the area booming you can expect in  excess of £2,000pcm, I don’t expect this […]

Spotted this on the way home, John D Wood are offering a rare development opportunity in Edgware (P.O.A), marketing two semi detached houses that have substantial land in between with the potential to develop and create additional units or extend the current properties(subject to building consents/planning) http://www.zoopla.co.uk/for-sale/details/37772907#5u53v7iaMF1mgrZT.99

The old premier house offices have been converted and just released by Preston Bennett they have done a great job on these and id expect local buyers to be all over these flats. I know there will as always with new builds be a lot of foreign buyers keen to invest in the area and […]

Camrose Avenue has long been a popular road for investors and first time buyers, its a great location for  local schools including Krishna Avanti & Canons High School and has excellent public transport links. This property is chain free so I doubt this 3 bed semi being offered for sale for £489,950 by Mischa & […]

Let me speak frankly, even with Brexit and the fact immigration numbers will now be reduced in the coming years, there is an unending and severe shortage of new housing being built in the London Borough of Barnet area (and the UK as a whole). Even if there are short term confidence trembles fuelled by […] The post New House Building in Edgware slumps by 54.6% in the last year appeared first on Edgware Property Blog.

Maple Estates & Lettings are selling a spacious two bedroom ground floor flat in Orchard Court on Stonegrove,  ideal for an either an investor or owner occupier. Orchard Court is well located close to Edgware, Stanmore & Cannons Park Shopping areas and public transport, the property benefits from 2 bedrooms, reception separate kitchen and has wonderful landscaped […]

It was the agents details that caught my eye on this property, marketed by  Blue Ocean. It’s a 3 bedroom, ground floor flat in brand new condition and a 900+ year lease. The apartment has been refurbished throughout with modern decor , so all that is left to do is just move in or rent it […]

I know this property very well & in the right hands & for the right price has the opportunity to be a good mixed investment purchase, currently being marketed by Sherlock Property at £899,950; the building comprises 2 x 2 bedroom flats currently let out on ast’s producing £31K as well as a 1200sqft retail […]

It just goes to show if you look around hard enough there are still some deals to be had, this looks like one to me, marketed by Phoenix Estates is this 2 Bedroom mid terrace house in good condition with a small extension to rear and a 50ft garden. In a good location just 10 […]

Mischa & Co are advertising an opportunity for Cash buyers only to acquire a spacious 2 bedroom purpose built flat in Vancouver Road that’s in need of modernisation, at £149,950 could be a deal! The property is fully double glazed and has gas central heating, located within walking distance to Edgware Community Hospital, Burnt Oak Broadway and […]

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