York Rental Market Index – March 2021

Key Headlines: Average rent in York according to Rightmove was £916 per calendar month showing a 10.88% increase year-on-year. Rents grew in YO1, YO24, YO30 & YO31 New instructions to the market down 9.58% year on year 233 properties Let Agreed in March 2021, an uplift of 59.59% from the same time last year. Detailed … More York Rental Market Index – March 2021

York property prices rise 10 times faster than gross wages

In keeping with the similar theme from my previous article regarding York Property prices potentially spiralling out of control, I thought I’d expand on just how unaffordable property prices in York have become. Without stating the blindingly obvious, the too main ways of buying a property,  whether it be to live in or as a … More York property prices rise 10 times faster than gross wages

York property prices rise 10 times faster than gross wages

In keeping with the similar theme from my previous article regarding York Property prices potentially spiralling out of control, I thought I’d expand on just how unaffordable property prices in York have become. Without stating the blindingly obvious, the two main ways of buying a property,  whether it be to live in or as a … More York property prices rise 10 times faster than gross wages

Top 20 Most Affordable Streets in Acomb, York – Number 19

Top 20 most affordable streets in Acomb, York. Today we’re at number 19. Watch the video in the link below for more information #york #property #yorklife https://youtu.be/DMOJwq8dLQc

York Buy To Let Property Of The Week – 21/06/2019

This property would form a fantastic buy to let property – check the video in the link below to find out why. https://youtu.be/N2iORpwQP98 https://www.rightmove.co.uk/property-for-sale/property-82696475.html

Are York property prices spiralling out of control?

Yes, I am aware just how much I sound like a broken record when I harp on endlessly about how property prices in York have risen exponentially and continue to do so.  In part, it comes down to simple Economics which drives property prices.  Property, being a limited commodity, as supply of housing remains grows … More Are York property prices spiralling out of control?

Are York property prices spiralling out of control?

Yes, I am aware just how much I sound like a broken record when I harp on endlessly about how property prices in York have risen exponentially and continue to do so.  In part, it comes down to simple Economics which drives property prices.  Property, being a limited commodity, as supply of housing stock grows … More Are York property prices spiralling out of control?

The Financial Impact of void periods on the Private Rental Sector in York

There are two types of individual in the Property Investment world, your landlords and your investors.  Landlords are generally more hands on with their tenants and in some cases, deal with maintenance themselves directly whereas investors are significantly lower touch and prefer to just focus on the numbers i.e. chasing yields and capital growth.  That’s … More The Financial Impact of void periods on the Private Rental Sector in York

Top 20 Most Affordable Streets in Acomb – number 20

Top 20 most affordable streets in Acomb, York. Today we’re at number 20 which is… Well you’ll just have to watch the video to find out #york #property #yorklife https://youtu.be/woI7Btx2mls

York Buy To Let Property Of The Week – 13/06/2019

Check out this two bed terraced house just off Leeman Road, a great addition to any landlord’s portfolio #york #property #yorklife https://youtu.be/sx-VA2oNRow https://www.rightmove.co.uk/property-for-sale/property-72185260.html

Tenant Fees Act 2019

Landlords, you may want to be aware of changes in legislation which have recently come into force. Hopefully this video will provide some clarity. https://youtu.be/pHNicOImjWk Applicable from 1st June 2019: Tenant Fee Permitted Payments – what Agents and Landlords can now charge tenants under Assured Shorthold Tenancies: https://static.propertylogic.net/website/1434624912/tenant_fees_schedule.pdf New How To Rent Guide which must … More Tenant Fees Act 2019

York Property Market Insights – Episode 6

In last week’s article, one statistic that became apparent, is that property prices in York have increased by an average of 4.77% over the last twelve months. This is certainly indicative of this months’ Halifax and Nationwide House Price Indexes, which both boast growth in property prices across the UK. In the last month, Halifax … More York Property Market Insights – Episode 6

Does York have the most affordable properties in Yorkshire?

Something that may have caught your attention in all the articles I’ve written is how property prices have grown in York. Full disclosure, capital growth has reached several areas across Yorkshire and not just our beautiful city According to the Land Registry, in 2018 alone, property prices rose by 4.77% in York, 1.11% in Doncaster, … More Does York have the most affordable properties in Yorkshire?

York Buy To Let Property Of The Week 22/05/2019

Looking for your next Buy To Let Investment in York? Why not check this one out! #york #yorklife #property https://youtu.be/kboPLm2NK3M https://www.rightmove.co.uk/property-for-sale/property-62393304.html

How long do York Properties take to sell?

Last week, in my latest Market Insights article, I touched on a number of points in the York Property Market, one of which being Time on Market i.e. the average amount of time a property takes to sell. I wanted to assess how long some properties for sale in York stay on the market. Before … More How long do York Properties take to sell?

York Property Market Insights – Episode 5

Well dear reader, it’s that time again where I take a close look at what’s happening in the market across the UK as well as on a more hyper-local level.  Being the data geek that I am, and having written several Market Insights articles already, one of the main trends I’ve noticed is that prices … More York Property Market Insights – Episode 5

York Buy To Let Property Of The Week – 25/04/2019

Saw this fantastic two bed mid-terraced house on Kensington Street in York and had to get over there and share it. Great area, great property, great yield of 4.61%. Most importantly, amazing Capital Growth! https://youtu.be/QHoIM0MhWo8 https://www.rightmove.co.uk/property-for-sale/property-71317003.htm

What will happen to the York Buy To Let Market if landlords can’t evict their tenants?

Anyone who has any particular interest in property will have undoubtedly heard the news last week surrounding Section 21 notices. My initial reaction was one of shock. As if landlords haven’t had enough legislation and financial burden thrown their way over the last few years. Just in the last four years alone, there have been … More What will happen to the York Buy To Let Market if landlords can’t evict their tenants?

York Buy To Let Property of the week – 19/04/2019

Check out this fantastic end terrace property which would make a great buy to let property. On the market with Bishops Personal Agents – It would conservatively rent for £700 per calendar month equating to a 5.09% yield. Check out the following link for more info: https://youtu.be/czOesNGPiEI https://www.rightmove.co.uk/property-for-sale/fullscreen/image-gallery.html?propertyId=71232058&photoIndex=

York first time buyers need 7.97 times annual salary to get on the housing ladder.

There seems to be an obsession in the UK with property, more importantly owning your own home.  Some feel that renting is seen as throwing your money down the swanny, at least that’s what my parents always told me.  Having worked in property for as long as I have and having personally experienced both renting … More York first time buyers need 7.97 times annual salary to get on the housing ladder.