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Why Northampton’s Shrinking Households Could Shape the Future of its Property Market
- By Richard Baker
- NEWS
- 19 December 2024
Northampton’s 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 Northampton have never been more promising.
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First-Time Buyer Mortgage Payments: A Regional Breakdown
- By Richard Baker
- NEWS
- 18 December 2024
Recent data from Nationwide highlights the percentage of a first-time buyer’s take-home pay required to cover mortgage payments across the UK.
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The Northampton Baby Boomer Housing Paradox: Wealth in Property, But Nowhere to Go
- By Richard Baker
- NEWS
- 13 December 2024
Northampton’s baby boomers are caught in a housing paradox: years of soaring property values have created wealth but left many trapped in homes that no longer meet their needs. With retirement-friendly properties in critically short supply, and many never even reaching the open market, the struggle to downsize is real. Curious about what’s driving this crisis and how it might be solved?
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Exploring Northampton: How have rents changed over past 5 years?
- By Richard Baker
- NEWS
- 11 December 2024
The map above illustrates the average change in rental values across different areas of Northampton over the last five years. It highlights a clear trend of rising rental demand and prices, underscoring the shifting dynamics in Northampton’s property market and shows varied changes, providing landlords with an insight into their specific neighbourhood's performance.
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Average 5 year fixed rate mortgages
- By Richard Baker
- NEWS
- 10 December 2024
The graphic above illustrates the average five-year fixed mortgage rate in the UK from 2000 to 2024. While there has been a noticeable rise in mortgage rates over the past couple of years, it’s worth highlighting that today’s rates are still significantly below the peaks we witnessed in the early 2000s and during the financial crisis. This perspective is essential for homeowners and buyers in Northampton to consider.
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Northampton House Sales Up 23.5% on 2023 – Yet Challenges Still Remain
- By Richard Baker
- NEWS
- 4 December 2024
Northampton house sales have surged by 23.5% compared to 2023, highlighting the resilience of our local property market. Explore the key trends shaping this growth and what it means for buyers and sellers in the Northampton area.
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Why are two bedroom properties so popular?
- By Richard Baker
- NEWS
- 2 December 2024
Two-bedroom homes remain a popular choice, especially in areas like Northampton, where they account for a notable 39% of all properties. The appeal of two-bedroom homes lies in their versatility and affordability.
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What is November's Average £ per Square Foot?
- By Richard Baker
- NEWS
- 28 November 2024
Welcome back to news of Northampton’s property market, where each week I bring you different local property market stats and trends. This week I am back again with the November's £/sq.ft statistics.
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Northampton’s Ageing Population Turning to Rentals: What it Means for Landlords
- By Richard Baker
- NEWS
- 27 November 2024
Why are more and more of Northampton's OAPs choosing rentals over home ownership, and what could this mean for the local property market? As recent data highlights a 52.8% surge in private renting among the over-65s nationally over the last decade, Northampton's savvy landlords might wonder: could this be a golden opportunity?
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UK Property Market Sees Positive Growth in 2024 – But Challenges Remain
- By Richard Baker
- NEWS
- 26 November 2024
The UK property market is showing signs of strength, with a remarkable increase in homes marked as ‘sold subject to contract’ (SSTC) between January and November 2024 compared to the same period in 2023. This upward trend in every region across the country, reflects renewed confidence among buyers and sellers.
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Insight into UK Households between 1996 - 2023
- By Richard Baker
- NEWS
- 22 November 2024
The composition of UK households has evolved significantly between 1996 and 2023, with some subtle yet meaningful proportional shifts that reflect changing demographics and societal trends.
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Northampton Properties Selling in 35 Days
- By Richard Baker
- NEWS
- 20 November 2024
Live in Northampton? Thinking of buying or selling a home in Northampton in 2025? Recent independent research shows that in Northampton, properties have been taking an average of 70 days to find a buyer, but factors like location and price range can greatly influence this timeline. Whether you're planning to move or invest, understanding these trends can give you a clear advantage in navigating the local property market. Click here to read the full article and uncover the insights
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