0121 386 3344
0121 551 4001
Free Valuation

Category: Uncategorized

You may also like

Erdington Homeowners Beware

Erdington Homeowners: Miss the 27th of May 2024 Deadline and You Might Miss Christmas in Your New Home.     As May comes into view, with the anticipation of the warm summer months ahead of us, with sun-drenched hot beaches and cold ice cream, the thoughts and contemplations of Christmas seem a million miles away. […]

See More

Erdington Property Owners Reap £5,331 Yearly Gains Since 2001

As we are now nicely into 2024, it’s certain the Erdington housing market over the last 18 months has been a little more restrained than 2020, 2021 and early 2022, and I believe that the ‘steady as she goes’ outlook will continue into the rest of 2024 and beyond.   As property ownership is a […]

See More

2-Bed or 3-Bed Erdington Homes: Which Sells the Fastest?

2-Bed or 3-Bed Erdington Homes: Which Sells the Fastest?     Understanding the nuances of property sales is essential for both homeowners and investors in the dynamic Erdington property market.   A few weeks ago, I stated that of the Erdington properties that have sold subject to contract (stc) in the three months of Dec, […]

See More

Waiting for the Erdington House Market to Crash Will Cost You £28,681

Waiting for the Erdington House Market to Crash Will Cost You £28,681   Doom and gloom in the British property market or clickbait doom-mongers?   Newspapers and clickbait 24-7 news websites, desperate for clicks, are peddling a story of a doomsday time for the economy, particularly the property market, as interest rates and inflation create [...]

You may also like

Erdington Homeowners Beware

Erdington Homeowners: Miss the 27th of May 2024 Deadline and You Might Miss Christmas in Your New Home.     As May comes into view, with the anticipation of the warm summer months ahead of us, with sun-drenched hot beaches and cold ice cream, the thoughts and contemplations of Christmas seem a million miles away. […]

See More

Erdington Property Owners Reap £5,331 Yearly Gains Since 2001

As we are now nicely into 2024, it’s certain the Erdington housing market over the last 18 months has been a little more restrained than 2020, 2021 and early 2022, and I believe that the ‘steady as she goes’ outlook will continue into the rest of 2024 and beyond.   As property ownership is a […]

See More

2-Bed or 3-Bed Erdington Homes: Which Sells the Fastest?

2-Bed or 3-Bed Erdington Homes: Which Sells the Fastest?     Understanding the nuances of property sales is essential for both homeowners and investors in the dynamic Erdington property market.   A few weeks ago, I stated that of the Erdington properties that have sold subject to contract (stc) in the three months of Dec, […]

See More

Erdington Homeowners to Face Post-Lockdown Mortgage Rate Rise of £492 a Year

Erdington Homeowners to Face Post-Lockdown Mortgage Rate Rise of £492 a Year   With grocery, energy and other household prices/costs rising and hitting everyone’s back pocket, inflation (rising prices) may feel like an unimportant issue when it comes to the cost of keeping a roof over your head.   Yet nothing could be further from [...]

You may also like

Erdington Homeowners Beware

Erdington Homeowners: Miss the 27th of May 2024 Deadline and You Might Miss Christmas in Your New Home.     As May comes into view, with the anticipation of the warm summer months ahead of us, with sun-drenched hot beaches and cold ice cream, the thoughts and contemplations of Christmas seem a million miles away. […]

See More

Erdington Property Owners Reap £5,331 Yearly Gains Since 2001

As we are now nicely into 2024, it’s certain the Erdington housing market over the last 18 months has been a little more restrained than 2020, 2021 and early 2022, and I believe that the ‘steady as she goes’ outlook will continue into the rest of 2024 and beyond.   As property ownership is a […]

See More

2-Bed or 3-Bed Erdington Homes: Which Sells the Fastest?

2-Bed or 3-Bed Erdington Homes: Which Sells the Fastest?     Understanding the nuances of property sales is essential for both homeowners and investors in the dynamic Erdington property market.   A few weeks ago, I stated that of the Erdington properties that have sold subject to contract (stc) in the three months of Dec, […]

See More

You may also like

Erdington Homeowners Beware

Erdington Homeowners: Miss the 27th of May 2024 Deadline and You Might Miss Christmas in Your New Home.     As May comes into view, with the anticipation of the warm summer months ahead of us, with sun-drenched hot beaches and cold ice cream, the thoughts and contemplations of Christmas seem a million miles away. […]

See More

Erdington Property Owners Reap £5,331 Yearly Gains Since 2001

As we are now nicely into 2024, it’s certain the Erdington housing market over the last 18 months has been a little more restrained than 2020, 2021 and early 2022, and I believe that the ‘steady as she goes’ outlook will continue into the rest of 2024 and beyond.   As property ownership is a […]

See More

2-Bed or 3-Bed Erdington Homes: Which Sells the Fastest?

2-Bed or 3-Bed Erdington Homes: Which Sells the Fastest?     Understanding the nuances of property sales is essential for both homeowners and investors in the dynamic Erdington property market.   A few weeks ago, I stated that of the Erdington properties that have sold subject to contract (stc) in the three months of Dec, […]

See More

Only 1 in 48 Erdington Properties are Bungalows, Despite an Ageing Population. Why?

The bungalow is a building that has represented a more leisurely, gentler way of life since  the early 1900’s. Bungalows have been sold as an aspiration for those about to retire, saving  them the annoyance of having to climb stairs. With an ageing population, one would think  they would be building more bungalows, yet nothing could be further from the truth. In fact,  this could be one of the main issues that is holding back many mature homeowners moving  home, thus creating a bottleneck in the Erdington property market for the younger families  who are being held back and unable to move into the larger homes they so need to grow  their families.    So, before I answer that question, let me share this fascinating fact about bungalows. The  word ‘bungalow’ originated in India, not the UK. The name is derived from the Hindi word  ‘baṅglā’ or the Gujarati word ‘baṅglo’, both of which seem to refer to a home occupied by a  Bengali person. The colonial English started to use it for themselves in the late 1600s to  describe the same sort of basic lodgings that sailors and staff of the invading East India  Company used.    Anyway, back to the here and now in Erdington.    There are 646 Bungalows in Erdington.    When you consider there are 30,582 properties in Erdington, that  means only 2.1% of property in Erdington are bungalows.    To give you an idea of the age demographic of Erdington homeowners, there are 6,658  Erdington homeowners aged 65 years old (and over) and 7,867 Erdington homeowners aged  between 50 and 64 years of age.    You can see demand for bungalows is only expected to grow.  Yet new homes builders are  having to deal with soaring land prices meaning to get a profit from the site, they are under  pressure to build more vertically than horizontally as with bungalows (as bungalows take up  so much more land).     The last available data is from 2018 and only 1.6% new builds in the UK were bungalows,  interesting when it was just over 7% in the middle of the 1990s. As British people are living  longer, those existing Erdington bungalow homeowners will be living in them longer, thus  creating even more of a bottleneck in the Erdington property market.    So, what is the answer?    Well with building land in Erdington at a shortage, maybe new homes builders should be  forced under planning rules to reserve ground floor apartments to be set aside for older  people to encourage them to move out of larger houses. I would challenge the long-held  point of view that building more bungalows in Erdington is the pre-eminent way to urge  growing numbers of mature ‘last-time buyers’ to move out of their under-occupied  Erdington homes and free up their large homes (where their children have flown the nest)  for younger Erdington families to grow.    With the new Planning Regulations due to be in place in a couple of years, local authorities  could require builders to set aside a share of homes for mature residents, as they are already  obligated to subsidise local community facilities or low-cost social housing in return for  obtaining their planning permission to build in the first place.    [...]

You may also like

Erdington Homeowners Beware

Erdington Homeowners: Miss the 27th of May 2024 Deadline and You Might Miss Christmas in Your New Home.     As May comes into view, with the anticipation of the warm summer months ahead of us, with sun-drenched hot beaches and cold ice cream, the thoughts and contemplations of Christmas seem a million miles away. […]

See More

Erdington Property Owners Reap £5,331 Yearly Gains Since 2001

As we are now nicely into 2024, it’s certain the Erdington housing market over the last 18 months has been a little more restrained than 2020, 2021 and early 2022, and I believe that the ‘steady as she goes’ outlook will continue into the rest of 2024 and beyond.   As property ownership is a […]

See More

2-Bed or 3-Bed Erdington Homes: Which Sells the Fastest?

2-Bed or 3-Bed Erdington Homes: Which Sells the Fastest?     Understanding the nuances of property sales is essential for both homeowners and investors in the dynamic Erdington property market.   A few weeks ago, I stated that of the Erdington properties that have sold subject to contract (stc) in the three months of Dec, […]

See More

Is Erdington Heading Towards a House Price Crash?

Erdington house prices rose by 0.5% last month, according to the Land Registry. This means the annual rate of house price growth in Erdington has increased to 12.2%.         Looking at the national figures, many people were concerned the UK property market was overheating as spring saw annual growth of 9.9%, the highest rate [...]

You may also like

Erdington Homeowners Beware

Erdington Homeowners: Miss the 27th of May 2024 Deadline and You Might Miss Christmas in Your New Home.     As May comes into view, with the anticipation of the warm summer months ahead of us, with sun-drenched hot beaches and cold ice cream, the thoughts and contemplations of Christmas seem a million miles away. […]

See More

Erdington Property Owners Reap £5,331 Yearly Gains Since 2001

As we are now nicely into 2024, it’s certain the Erdington housing market over the last 18 months has been a little more restrained than 2020, 2021 and early 2022, and I believe that the ‘steady as she goes’ outlook will continue into the rest of 2024 and beyond.   As property ownership is a […]

See More

2-Bed or 3-Bed Erdington Homes: Which Sells the Fastest?

2-Bed or 3-Bed Erdington Homes: Which Sells the Fastest?     Understanding the nuances of property sales is essential for both homeowners and investors in the dynamic Erdington property market.   A few weeks ago, I stated that of the Erdington properties that have sold subject to contract (stc) in the three months of Dec, […]

See More

Erdington Home Moves Hit Record High in June

as 251.1% more people sell in June compared to the Erdington area 10-year average         June 2021 was the busiest month ever for UK estate agents, home removal companies and conveyancers since monthly records began as HMRC logged 213,120 residential transactions in June, a jump of more than 216% nationally on the [...]

You may also like

Erdington Homeowners Beware

Erdington Homeowners: Miss the 27th of May 2024 Deadline and You Might Miss Christmas in Your New Home.     As May comes into view, with the anticipation of the warm summer months ahead of us, with sun-drenched hot beaches and cold ice cream, the thoughts and contemplations of Christmas seem a million miles away. […]

See More

Erdington Property Owners Reap £5,331 Yearly Gains Since 2001

As we are now nicely into 2024, it’s certain the Erdington housing market over the last 18 months has been a little more restrained than 2020, 2021 and early 2022, and I believe that the ‘steady as she goes’ outlook will continue into the rest of 2024 and beyond.   As property ownership is a […]

See More

2-Bed or 3-Bed Erdington Homes: Which Sells the Fastest?

2-Bed or 3-Bed Erdington Homes: Which Sells the Fastest?     Understanding the nuances of property sales is essential for both homeowners and investors in the dynamic Erdington property market.   A few weeks ago, I stated that of the Erdington properties that have sold subject to contract (stc) in the three months of Dec, […]

See More

Why Savvy Erdington Buy-to-Let Landlords Don’t Use 10-Year Mortgages

And the reason you shouldn’t either         I know of many Erdington buy-to-let landlords who fell into property investing by accident. Many didn’t want to sell their family home when the Erdington housing market crashed in the Credit Crunch of 2009/10, yet still needed to move (often for work). They thought they [...]

You may also like

Erdington Homeowners Beware

Erdington Homeowners: Miss the 27th of May 2024 Deadline and You Might Miss Christmas in Your New Home.     As May comes into view, with the anticipation of the warm summer months ahead of us, with sun-drenched hot beaches and cold ice cream, the thoughts and contemplations of Christmas seem a million miles away. […]

See More

Erdington Property Owners Reap £5,331 Yearly Gains Since 2001

As we are now nicely into 2024, it’s certain the Erdington housing market over the last 18 months has been a little more restrained than 2020, 2021 and early 2022, and I believe that the ‘steady as she goes’ outlook will continue into the rest of 2024 and beyond.   As property ownership is a […]

See More

2-Bed or 3-Bed Erdington Homes: Which Sells the Fastest?

2-Bed or 3-Bed Erdington Homes: Which Sells the Fastest?     Understanding the nuances of property sales is essential for both homeowners and investors in the dynamic Erdington property market.   A few weeks ago, I stated that of the Erdington properties that have sold subject to contract (stc) in the three months of Dec, […]

See More

Erdington Homeowners Profit By £29,620 in Last 5 Years

… yet Bitcoin investors would have made £7,325,600 in profit. Is investing in ‘Bricks & Mortar’ dead?         Investing in property has historically been a sound investment, yet alternative investments (like Cryptocurrency) have been gaining traction over the last five years. So, should we all ditch buying our own home and buy [...]

You may also like

Erdington Homeowners Beware

Erdington Homeowners: Miss the 27th of May 2024 Deadline and You Might Miss Christmas in Your New Home.     As May comes into view, with the anticipation of the warm summer months ahead of us, with sun-drenched hot beaches and cold ice cream, the thoughts and contemplations of Christmas seem a million miles away. […]

See More

Erdington Property Owners Reap £5,331 Yearly Gains Since 2001

As we are now nicely into 2024, it’s certain the Erdington housing market over the last 18 months has been a little more restrained than 2020, 2021 and early 2022, and I believe that the ‘steady as she goes’ outlook will continue into the rest of 2024 and beyond.   As property ownership is a […]

See More

2-Bed or 3-Bed Erdington Homes: Which Sells the Fastest?

2-Bed or 3-Bed Erdington Homes: Which Sells the Fastest?     Understanding the nuances of property sales is essential for both homeowners and investors in the dynamic Erdington property market.   A few weeks ago, I stated that of the Erdington properties that have sold subject to contract (stc) in the three months of Dec, […]

See More

£322,228 – ‘Wood’ You Pay That For a Erdington Semi-Detached House?

The value of an average Erdington semi-detached house has increased in value by £13,102 in the last 12 months, an increase in value of 8.62%.         Yet the costs of building an Erdington home have shot up even more in the last 12 months, meaning the price of Erdington new homes and [...]

You may also like

Erdington Homeowners Beware

Erdington Homeowners: Miss the 27th of May 2024 Deadline and You Might Miss Christmas in Your New Home.     As May comes into view, with the anticipation of the warm summer months ahead of us, with sun-drenched hot beaches and cold ice cream, the thoughts and contemplations of Christmas seem a million miles away. […]

See More

Erdington Property Owners Reap £5,331 Yearly Gains Since 2001

As we are now nicely into 2024, it’s certain the Erdington housing market over the last 18 months has been a little more restrained than 2020, 2021 and early 2022, and I believe that the ‘steady as she goes’ outlook will continue into the rest of 2024 and beyond.   As property ownership is a […]

See More

2-Bed or 3-Bed Erdington Homes: Which Sells the Fastest?

2-Bed or 3-Bed Erdington Homes: Which Sells the Fastest?     Understanding the nuances of property sales is essential for both homeowners and investors in the dynamic Erdington property market.   A few weeks ago, I stated that of the Erdington properties that have sold subject to contract (stc) in the three months of Dec, […]

See More