The Chelmford Property Market August Update

August is a tricky time to comment on the property market. The market is usually understandably subdued during prime holiday season, but this is often a self-fulfilling prophesy. This is…

Chelmsford Homeowners and their £3.61 billion Debt

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…

Chelmsford’s 4,297 Mortgage Time-Bombs?

According to my research, of the 46,220 properties in Chelmsford, 19,895 of those properties have mortgages on them. 89.9% of those mortgaged properties are made up of owner-occupiers and the…

Chelmsford Baby Boomers vs. Chelmsford Millennials (Part 2)

Well last week’s article “The Unfairness of the Chelmsford Baby Boomer’s £8,279,370,000 windfall?” caused a stir. In it we looked at a young family member of mine who was arguing…

The Unfairness of the Chelmsford Baby Boomer’s £8,279,370,000 Windfall? (Part 1)

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…

The Chelmsford Property Market, The Beatles, Sweden and 50 year mortgages

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…

Chelmsford Buy-To-Let Predictions up to 2037

On several occasions over the last few months, in my Chelmsford Property Blog, I predicted that the rate of rental inflation (i.e. how much rents are rising by) had eased…

6,095 Chelmsford Landlords – Is This a Legal Tax Loop-Hole?

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…

Council House Waiting List in Chelmsford Drops by 5.44% in last 11 years

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…

36.4 miles – The average distance people go to escape living in Chelmsford

“How far do Chelmsford 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…

1 in 6 Chelmsford Properties are Leasehold

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…

Chelmsford Flats Out Perform Property Market Average by 21%

According to the Land Registry's latest House Price Index for Chelmsford and the surrounding locality, the value of apartments/flats are rising at a faster rate than terraced/town houses, semi-detached properties…