A few weeks ago, I suggested property values in Edgware would be between 0.3% and 1.1% different by the end of the year. It might surprise some people that Brexit hasn’t had the effect on the Edgware property market that most feared at the start of 2018. The basis of this point of view can […] The post How Did Brexit Affect the Edgware Property Market in 2018 – and its Future for 2019? appeared first on Edgware Property Blog.

Over the last 5 years, we have seen some interesting subtle changes to the Edgware property market as buying patterns of landlords have changed ever so slightly. The background to this story was the recently published set of buy-to-let (BTL) lending statistics. Roll the clock back 12 months and 6,700 BTL mortgages were granted (in […] The post Edgware House Prices up 27.8% in the last 5 Years appeared first on Edgware Property Blog.

The conventional way of categorising property in Britain is to look at the number of bedrooms rather than its size in square metres (square feet for those of you over 50!). My intuition tells me that homeowners and tenants are happy to pay for more space. It’s quite obvious, the more bedrooms a house or […] The post Edgware Homeowners 82% More Likely To Live in a Home with 3+ Bedrooms than those that Privately Rent appeared first on Edgware Property Blog.

Edgware property values are currently 0.8% higher than at the end of 2017, notwithstanding the uncertainty and threats over the potential impact of Brexit in 2019. This has exceeded all the predictions (aka guesses) of all the City of London economists, in an astonishing sign of strength for the local Edgware and wider national economy. […] The post Edgware Property Market – Outlook for 2019 appeared first on Edgware Property Blog.

For most Edgware people, a mortgage is the only way to buy a property. However, for some, especially Edgware homeowners who have paid off their mortgage or Edgware buy to let landlords, many have the choice to pay exclusively with cash. So the question is, should you use all your cash, or could a mortgage […] The post 29.1% of All Edgware Properties were Bought Without a Mortgage in the Last 7 Years appeared first on Edgware Property Blog.

As we go full steam ahead into 2019, it’s certain that the Edgware housing market in 2018 was a little more restrained than 2016 and 2017 and I believe this will continue into 2019. Property ownership is a medium to long term investment so, looking at the long-term, the average Edgware homeowner, having owned their […] The post Edgware Homeowners Have Made an Annual Profit Of £16,576 Since the Millennium appeared first on Edgware Property Blog.

You read the personal finance pages of the newspapers and it all seems to be the impending pensions crisis … where people aren’t saving enough for their retirement. But it’s not the lack of Edgware peoples’ future pension incomes that are my immediate concern. The fact is that so many of the future retirees in […] The post Live in Edgware? About to Retire and Privately Rent? You Could be £8,500 a Year Worse Off! appeared first on Edgware Property Blog.

With constant advances in technology, medicine and lifestyles, people in the Edgware area are, on average, living longer than they might have a few decades ago. As Edgware’s population ages, the problem of how the older generation are accommodated is starting to emerge. We, as a district, have to consider how we supply decent and […] The post As OAP’s set to rise to 1 in 5 of Edgware’s population by 2037 – Where are they all going to live? appeared first on Edgware Property Blog.

It’s now commonly agreed amongst economists and the general public that the dramatic rise in Edgware property prices of the last six years has come to an end. Read the National newspapers, and they talk of doom and gloom in the British housing market with such things as strained buyer affordability (as property prices have […] The post Edgware ‘Home Owning’ Movers and Shakers in 2018 appeared first on Edgware Property Blog.

Many folks say moving home is the most stressful thing. Moving home is like someone (and that someone is usually you and you are the cause of this devastation) has collected all your worldly goods, put them into brown boxes and into a lorry making your whole life look like a Amazon delivery van, only […] The post Springwood Crescent, Edgware …the road where people move the most appeared first on Edgware Property Blog.

A few months ago, I wrote an article on the Edgware Property Blog about the length of time it took to sell a property in Edgware and the saleability of the different price bands (i.e. whether the lower/middle or upper local property markets were moving slower or quicker than the others). For reference, a few […] The post 1 bed, 2 bed or 3 bed homes – Which Sell the Best in Edgware? appeared first on Edgware Property Blog.

“I just love looking over andkeeping up to date the 108 pieces of legislation that govern the rental ofresidential property in the UK”   …No Edgware Landlord, ever If you are one of the 1,913 Edgware landlord’s that manages your own property, would it surprise you to know that there are 108 separate pieces of legislation […] The post The £8,843,568 Ticking Time Bomb for Edgware Landlords appeared first on Edgware Property Blog.

What is it to be British? Our stubbornness, long-suffering stoicism, our vexation at injustice, our obsession with football and rugby, we are weather obsessed external awkward noncommittal modest people whilst underneath seething like a volcano because someone jumped the queue….. and our No.1 obsession is with the property ladder. This ‘love affair’ with owning our own […] The post Edgware First Time Buyers Need 16.5 Times Annual Salary to Get on Housing Ladder appeared first on Edgware Property Blog.

It doesn’t seem two minutes ago that it was 90 degrees Fahrenheit in the shade (32 degrees Celsius for my younger readers), hosepipe bans looked likely and it was simply too hot to sleep at night, yet early indications were, that as the temperatures soared, the Edgware property market appeared to be doing the reverse […] The post Edgware Property Market: Is Sell to Rent the new Buy to Let? appeared first on Edgware Property Blog.

The Edgware 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 […] The post Edgware House Prices vs Edgware Rents since 2006 appeared first on Edgware Property Blog.

  I have been asked a number of times recently what a hard Brexit would mean to the Edgware 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 […] The post How Would a Hard Brexit Affect Edgware House Prices? appeared first on Edgware Property Blog.

There is no escaping the fact that over the last couple of decades, the rise in the number buy to let properties in Edgware 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 […] The post 7 Reasons Why Edgware Buy To Let Landlords Shouldn’t Be Criticised appeared first on Edgware Property Blog.

As we leave the memorably hot summer behind us, some interesting statistics have come to light on the Edgware Property Market which will be thought provoking for both homeowners and buy to let landlords alike. Over the last 12 months 382 households have changed hands in Edgware, interesting when compared with the 10-year average of […] The post Great(er) Expectations: Why Edgware Home Sellers are Having to Reduce Their Asking Prices by an Average of £35,900 Each appeared first on Edgware Property Blog.

The number of residential property transactions in Barnet will be 16.5 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 […] The post 16.5% Drop in the Edgware and Barnet Property Market appeared first on Edgware Property Blog.

Whether you are a Edgware 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 […] The post 68 Days to Sell a Property in Edgware appeared first on Edgware Property Blog.

Locally, the value of property in Edgware and the number of people moving remain largely steady overall, although looking across at the different regions, there are certainly regional variations. Talking to fellow property professionals in the posh upmarket central London areas of Mayfair and Kensington, the number of people looking to buy and registering interest […] The post EDGWARE PROPERTY MARKET – How Does It Compare Historically to the Greater London and National Property Market’s? appeared first on Edgware Property Blog.

The combined value of the Edgware’s housing market has risen by £117,906,932 in the last 6 months, meaning the average value of an Edgware property has increased in value by an average of £7,423.   This is great news for Edgware homeowners and Edgware buy to let landlords, as property prices have risen despite a […] The post Value of Edgware Property Market rises £117.9m appeared first on Edgware Property Blog.

A local focal point and well know community spot, The Bushey Country Club was shut down earlier this year in April by the local council. The reasoning for closure was due to a prolonged period of financial loss. The closure of the Hertsmere Borough Council run estate, which boasted a 9 hole golf course, driving […] The post BUSHEY PRIZED COMMUNITY SPOT SHUT DOWN EARLIER THIS YEAR. LOCAL RESIDENTS STILL FEAR FOR ITS FUTURE. appeared first on Edgware Property Blog.

Over the last twenty years, there has been a shift in the way the Edgware (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 […] The post ‘Taxing’ Time for the 2,799 Edgware Buy To Let Landlords appeared first on Edgware Property Blog.

There are many attractions that drive people to come and set up home in the area of Edgware. In one small town we have fantastic travel links, including London Underground, and buses, as well as being situated on top of several major road links, including the M1, A1 and A41. People also flock to the […] The post Benjamin Stevens Estate Agents Presents: A Taste of Edgware appeared first on Edgware Property Blog.

The current average value of a property in Edgware currently stands at £507,400 so what will the recent increase in the base rates to 0.75% do to the local property market (especially property values). In many of my articles, I talk about what is happening to property values over the short term (i.e. the last […] The post What Will Happen to Edgware Property Values Now Interest Rates have Risen? appeared first on Edgware Property Blog.

Should you, as a landlord for buy to let or for personal occupation, buy a brand-new home?   Well, let’s start by looking at the numbers …   Over the last 10 years, 5,887 new homes have been built in the Barnet area   That is a lot of bricks and mortar! Roll the clock […] The post New Home Building in Edgware and Barnet Borough over the last 10 years appeared first on Edgware Property Blog.

My analysis has shown that up to the end of the last quarter, Edgware first time buyers purchased 144 Edgware properties.  With wages rising at 2.8%, unemployment at a low rate of 4.2% (down from 4.6% from a year earlier and the joint lowest since 1975), national GDP rising at 1.87% and inflation at 2.3%, […] The post The Edgware Bank of Mum and Dad Lent £4.09m Last Year appeared first on Edgware Property Blog.

For the first time this year Benjamin Stevens were among the proud sponsors of the hugely popular Bushey Festival. The event ran from Sunday 30th June until Saturday 8th July 2018 at various well known locations around the Bushey area. The week long programme featured tried and tested favourites alongside new events including live music, […] The post BENJAMIN STEVENS – PROUD SPONSORS OF THE BUSHEY FESTIVAL…. PROUD OF BUSHEY! appeared first on Edgware Property Blog.

I have been doing some research, looking both at National and Regional reports on the demand and supply of property and people together with future projections on the economy, population and family demographics with some interesting results.  According to the Office of National Statistics, in the last financial year nationally, private renting grew by 74,000 […] The post Additional 2,102 Edgware Rented Homes Required by 2027 appeared first on Edgware Property Blog.

There is good news for Edgware buy to let landlords as ‘top of the range’ well-presented properties are getting really decent rents compared to a year ago however, this rise in rents is thwarting many potential first time buyers from saving for both a deposit and money for a rainy day. On top of this, […] The post 45% Drop in Properties For Sale Today in Edgware Compared to 10 Years Ago appeared first on Edgware Property Blog.

More than 3 babies have been born for every new home that has been built in Barnet since 2012, deepening the Edgware housing shortage.   This discovery is an important foundation for my concerns about the future of the Edgware property market – when you consider the battle that todays twenty and thirty somethings face […] The post More Than Three Babies Born for Every New Home Built in the Past Five Years in Barnet appeared first on Edgware Property Blog.

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 […] The post 786 Edgware Landlords Plan to Expand Their Buy To Let Portfolios appeared first on Edgware Property Blog.

In my blog about the Edgware Property Market I mostly only talk about two of the three main sectors of the local property market, the ‘private rented sector’ and the ‘owner occupier sector’. However, as I often stress when talking to my clients, one cannot forget the third sector, that being the ‘social housing sector’ […] The post Extra Funding Is Required for Affordable Homes in Edgware appeared first on Edgware Property Blog.

The average asking price of property in Edgware dropped by 5.4% or £33,460 compared to a year ago, taking the current average asking price to £582,754 compared with £616,214 this time last year. The overall drop in asking prices is being put down to sellers being more realistic with their pricing and looking to benefit […] The post Edgware Property Market – Asking Prices Down 5.4% in the Last 12 Months appeared first on Edgware Property Blog.

The rents paid by Edgware tenants are now standing at £1,524 per calendar month (PCM), a rise of 2.35% year on year and 0.55% higher month on month. However, this attention-grabbing monthly rent figure masks stark differences in the various different parts of the Edgware rental market.  Demand in Edgware for high quality family homes […] The post £1,524 pcm – The Average Edgware Rent appeared first on Edgware Property Blog.

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 […] The post Edgware Millennials Have Spent £199,648 On Rent By The Age of 35 appeared first on Edgware Property Blog.

Beast from the East, Russia, Facebook, Brexit, Trump, House prices up, House prices down … the Press is full of column inches on Brit’s favourite subjects of politics, scandal, weather and not forgetting (and I appreciate the irony of this!) the property market. As an agent belonging a national group of letting and estate agents, […] The post Edgware Property Market – Which Houses are Actually Selling? appeared first on Edgware Property Blog.

As I have mentioned a number times in my local property market blog, with not enough new-build properties being built in Edgware and the surrounding area to keep up with demand for homes to live in (be that tenants or homebuyers), it’s good to know more Edgware home sellers are putting their properties on to […] The post 8% More Edgware Home Owners Wanting to Move Than 12 Months Ago appeared first on Edgware Property Blog.

The value of all the homes in Edgware (HA8 to be precise) has risen by more than 287% in the past two decades, to £7.999bn, meaning its worth more than the stock listed company Land Securities Group, which is worth £7.334bn. Those Edgware homeowners and Buy-to-Let landlords who bought their homes twenty or more years […] The post Edgware Property Market Worth More Than Land Securities Group appeared first on Edgware Property Blog.

Buying and selling a home in Edgware isn’t the easiest or cheapest thing you will ever do. Estate Agent fees, Solicitors fees, Survey fees, Mortgage fees, Removal Van … the costs just mount up throughout every step of the move. Last week, an Edgware landlord asked me whether the Council Tax Band made a difference […] The post Edgware Council Tax Payers Stung by 32.61% above Inflation Rise appeared first on Edgware Property Blog.

The degree to which young Edgware people are locked out of the Edgware housing market has been revealed in new statistics. An Edgware landlord was asking me the other week to what effect homeownership rates in Edgware in the early to middle aged adult age range had affected the demand for rental property in Edgware […] The post Homeownership Amongst Edgware’s Young Adults Slumps to 40.46% appeared first on Edgware Property Blog.

A little bit of good news this week on the Edgware 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 156 first time buyers […] The post 156 First Timer Buyers in Edgware Bought Their First Home in 2017 appeared first on Edgware Property Blog.

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 £862.50 per week) […] The post An extension could add £149,925 to the value of your Edgware home appeared first on Edgware Property Blog.

According to the National House Building Council (NHBC), more than 17,800 new homes were registered to be built in London last year, an increase of 1.5% on 2016 levels of 17,500 dwellings. Great news when you consider it is one of the highest number of new builds in the region since the pre-recession levels of […] The post Second Hand vs Brand New – What Should You Be Buying in the Edgware Property Market? appeared first on Edgware Property Blog.

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 this are used as often and habitually as these phrases (i.e. Gen X […] The post Edgware’s ‘Millennials’ set to inherit £520,736 each in property! appeared first on Edgware Property Blog.

Yes, I said ‘rentirement’, not retirement … rentirement and it relates to the 325 (and growing) Edgware people, who don’t own their own Edgware 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 Edgware people […] The post Edgware’s £120,276,000 “Rentirement” Property Market Time Bomb appeared first on Edgware Property Blog.

As I am sure you are aware, one the best things about my job as an agent is helping Edgware landlords with their strategic portfolio management. Gone are the days of making money by buying any old Edgware property to rent out or sell on. Nowadays, property investment is both an art and science. The […] The post Edgware Private Rents Hit £24.38 per sq. foot appeared first on Edgware Property Blog.

As we go headlong into 2018, I believe UK interest rates will stay low, even with the additional 0.25% increase that is expected in May or June. That rise will add just over £20 to the typical £160,000 tracker mortgage, although with 57.1% of all borrowers on fixed rates, it will probably go undetected by […] The post £1,665.43pm – The Profit made by every Edgware Property Owner over the last 20 years appeared first on Edgware Property Blog.

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 Edgware property market. With the average 5-year fixed rate mortgage at 1.98% (down from […] The post With Edgware Annual Property Values 2% Higher, This is My 2018 Forecast appeared first on Edgware Property Blog.

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 […] The post My thoughts on the future of the Edgware Buy-To-Let Market appeared first on Edgware Property Blog.

Talk to many Edgware 20 something’s, where home ownership has looked but a vague dream, many of them have been vexatious towards the Baby Boomer generation and their pushover ‘easy go lucky’ walk through life; jealous of their free university education with grants, their eye watering property windfalls, their golden final salary pensions and their […] The post Youngsters unable to buy their first home in Edgware – Are the Baby Boomers and Landlords to Blame? appeared first on Edgware Property Blog.

My research shows that certain types of Edgware property are a little more affordable today than what the newspapers might make you think. Roll the clock back to 2007 just before the credit crunch hit which saw Edgware property values plummet like a lead balloon and the Edgware property market had reached a peak with […] The post Edgware Apartments are only 10% more expensive in REAL terms than 10 years ago appeared first on Edgware Property Blog.

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.

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.

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.

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.

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.

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.

  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.

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.

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.

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.

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.

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.

‘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.

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’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.

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.

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.

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.

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.

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.

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.

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 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.

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.

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.

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.

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.

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.

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.

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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 […]

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 […]

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 […]

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 & […]

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 […]