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This week is ‘National Growing for Wellbeing Week’, a celebration of the positive impact of growing your own produce for your physical and mental wellbeing. While there are estimated to be around 300,000 allotments across Britain, many people utilise space in their household garden. The average size of a UK domestic garden is 14sqm and…
A report put out by Broomfield Parish Council in April 2019 revealed 97% of people living in Broomfield wanted to stay. And more than 90% said the tranquillity, openness, wildlife, views and the natural break between Broomfield and other settlements was the biggest reason they loved living in the village. So, with that level of…
With great links into London for commuters and superb schools for home-hunting families, Chelmsford’s rental market offers something for everyone. Workers priced out of London can reach the capital’s Liverpool Street station in just 30 minutes, with an annual season ticket priced at £4,092 – just over £16 per daily return journey. And with schools…
Chelmsford house prices Like much of the UK, Chelmsford transactions are down on the previous year as sellers and buyers both tentatively sit on their hands, waiting to see what emerges from the UK’s EU exit. From January 2018 to January 2019, transactions in Chelmsford were down 9% on year, with 3,733 sales in the CM postcode area. Over…
The appeal of Chelmsford to property hunters shows no sign of waning – good schools, great commuter links into London, the open green space of Essex and a wide variety of properties available to buy are all great reasons to buy in the city. Property for sale in Chelmsford Chelmsford’s Victorian and Edwardian properties in areas like…
We established a month ago that Chelmsford buyers put square footage high on their property wish list – or at least a good number of bedrooms. So, if you’re thinking of selling your home, it could pay to take stock on the space you have and consider adding more square footage to boost your property’s…
Over the last 5 years, we have seen some interesting subtle changes to the Chelmsford 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…
With the Government preparing to control tenant’s deposits at five weeks rent, Chelmsford landlords will soon only be protected in the event of a single month of unpaid rental-arrears, at a time when Universal Credit has seen some rent arrears quadrupling and that’s before you consider damage to the property or solicitor costs. It can’t…
Chelmsford property values are currently 3.8% 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 Chelmsford and wider national economy….
Despite turbulence caused by increased taxation and regulation, confidence in the Buy-to-Let sector is being shown by the banks as the number of BTL mortgage products available exceeds 2000 for the first time ever* (Source Moneyfacts). Just two years ago it stood at 1340 products! BTL finance was hardest hit immediately following the last financial…
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…
For most Chelmsford people, a mortgage is the only way to buy a property. However, for some, especially Chelmsford homeowners who have paid off their mortgage or Chelmsford 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…