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The Watford Property Blog

Thu 9 Mar
2017
Watford Unemployment Drops to 4.2% and its effect on the Watford Property Market

Watford Unemployment Drops to 4.2% and its effect on the Watford Property Market

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 […]

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Sat 11 Feb
2017
£25.83bn – The total value of all Watford Property

£25.83bn – The total value of all Watford Property

“How much would it cost to buy all the properties in Watford?” This fascinating question was posed by the 11-year-old son of one of my Watford landlords before the Christmas break (doesn’t that seem an age away now!). I thought to myself, that over the Christmas break, I would sit down and calculate what the […]

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Mon 6 Feb
2017

£88m a year black hole in the watford property market – is buy to let immoral? (part 2)

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 many baby boomers assumed […]

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Fri 27 Jan
2017
Watford’s private renting set to hit 12,526 households by 2021 – Is Buy to Let immoral? (Part 1)

Watford’s private renting set to hit 12,526 households by 2021 – Is Buy to Let immoral? (Part 1)

Can we blame the 55 to 70-year-old Watford citizens for the current housing crisis in the town? Also known as the ‘Baby Boomer Generation’, these Watford 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 experienced […]

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Thu 19 Jan
2017
Watford OAP’s sitting on £5.23 bn of Property

Watford OAP’s sitting on £5.23 bn of Property

Watford people aged over 65 currently hold more housing wealth in their homes than the annual GDP of the whole of Luton … and this is a problem for everyone in Watford! Many retiree’s want to move but cannot, as there is a shortage of such homes for mature people to downsize into.  Due to […]

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Fri 13 Jan
2017
Watford Semi Detached House Prices rise by 441% in 20 years

Watford Semi Detached House Prices rise by 441% in 20 years

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 […]

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Thu 5 Jan
2017
Watford Property Market – Q4 Update

Watford Property Market – Q4 Update

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 Watford … the Watford property market. So, let’s look at the headlines for the Watford property […]

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Thu 1 Dec
2016
Watford Landlords and Tenants : What does the Tenant Fee Banning order mean for you?

Watford Landlords and Tenants : What does the Tenant Fee Banning order mean for you?

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 […]

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Fri 25 Nov
2016
Watford First Time Buyers Are Paying 15.5% More Than 12 Months Ago

Watford First Time Buyers Are Paying 15.5% More Than 12 Months Ago

Figures recently 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 […]

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Thu 14 Jul
2016
Grover Road (Bushey Station) VS Regent Street (Watford Junction)

Grover Road (Bushey Station) VS Regent Street (Watford Junction)

I took a call from a local investor this week who was looking at two different properties and wanted a second opinion on them. He sent me the links to the two properties on Rightmove – which I’m happy for anyone considering a purchase to do – and asked me to weight up the Pro’s […]

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Thu 30 Jun
2016
Watford’s Property Market – One Week After The Referendum

Watford’s Property Market – One Week After The Referendum

If you’re anything like me then your facebook feed is no doubt full of Brexit news, stories, anger or petition requests to get the vote re-counted and if I’m honest I’ve tried to avoid it for the last 24 hours as there is a lot of negativity going around.  Of course in my usual conversations […]

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Fri 24 Jun
2016
50.3% of Watford Voters voted to leave the EU – What now for Watford’s Landlords and Homeowners?

50.3% of Watford Voters voted to leave the EU – What now for Watford’s Landlords and Homeowners?

It was a very close call in Watford with just over half of the voters putting a cross in the leave box at the polling stations yesterday but today it has been announced that the UK will be leaving the EU.  The final votes are in and it has come as quite a surprise as […]

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Tue 24 May
2016
Whippendell Road (WD18) Vs Judge Street (WD24)

Whippendell Road (WD18) Vs Judge Street (WD24)

One of my clients is looking to make an addition to her rental portfolio and had been looking at a number of properties over the last few months.  She’s not bothered about the increased stamp duty and based on discussions we had prior to the increase she was of the opinion that prices might drop […]

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Sat 14 May
2016
What area should YOU be looking at for investment property in Watford?

What area should YOU be looking at for investment property in Watford?

There are so many things to consider when looking for your next investment property. One question I get asked on a regular basis is, “what area in Watford should I be looking to invest in.” Much of the time that will come down to budget and quite importantly the type of housing stock you are […]

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Tue 3 May
2016
What’s going on with house prices in Watford?

What’s going on with house prices in Watford?

Hello Landlords of Watford! It’s been a while since my last update so apologies to those who have missed my blog posts and thank you to those who have sent me a nice note and given me a bit of a kick up the backside to start writing some local information again! One of the […]

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