Hayes property market is undergoing a fascinating transformation, driven by shrinking household sizes and changing rental dynamics. From long-term value growth for homeowners to rising demand for smaller rental properties, the opportunities for landlords and investors in Hayes have never been more promising.
Written by: Gurpreet Mahal Source: Simple Estate & Letting Agents in Hayes
For decades, baby boomers in the UK have been the quiet beneficiaries of a housing market that has worked in their favour. Rising property prices and a growing housing shortage have pushed home values sky-high, giving this generation substantial equity in their homes. However, as more and more boomers enter retirement age, a new reality sets in, and the properties they need for this next stage of life are almost impossible to find.
Written by: Gurpreet Mahal Source: Simple Estate & Letting Agents in Hayes
Over the past eight years, landlords have faced a barrage of new regulations and tax changes. From the original 3% stamp duty surcharge introduced in 2016 to Section 24’s limitation on mortgage interest relief, the new Renters' Rights Act passing through parliament with its removal of Section 21, and recent reductions in capital gains tax allowances – it’s fair to say that buy-to-let (BTL) investors have been under relentless pressure.
Written by: Gurpreet Mahal Source: Simple Estate & Letting Agents in Hayes
The Hayes Property Market Report for March 2024 provides an insightful analysis into the buoyant activity of both the British and Hayes area property markets. The first two months of 2024 has witnessed a robust start, driven by favourable conditions such as lower mortgage rates, an upswing in average earnings, and a strong employment market, all of which have bolstered confidence among buyers and investors. For those involved in the Hayes property scene, understanding the nuances of the local Hayes market and how it aligns or diverges from national trends is key to making informed decisions, whether you are looking to buy or sell your Hayes home, or even sell/expand your buy-to-let property portfolio.
Written by: Gurpreet Mahal Source: Simple Estate & Letting Agents in Hayes
There are all sorts of myths about when is the best time to sell, but each neighbourhood and each home is different, so read on to find out when is the best time for you.
Source: Simple Estate & Letting Agents in Hayes
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Source: Simple Estate & Letting Agents in Hayes
