Property News
Good news for Boston landlords and Boston tenants
- 5 Jun 2024
The latest data on rent growth since January 2020 highlights significant increases across the UK, providing a promising outlook for landlords, especially those in Boston. This growth in average rents is most pronounced in the South West, which has seen a remarkable rise of 45.2%. Close behind is the East Midlands with a 39.5% increase, and Yorkshire and the Humber with a 38.5% rise. The North East also shows a substantial growth of 37.3%, while Scotland’s rents have grown by 35.0%
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Boston Buy-to-Let Property Market: A Boston Landlord’s Perspective on Recent Trends
- 29 May 2024
Over the past few years, the UK rental market has experienced significant fluctuations, with rents increasing dramatically during the Covid-19 pandemic. Between 2020 and 2022, demand far exceeded supply, driving rents to unprecedented levels. In the East Midlands for example, the average rent has risen from £732 per calendar month (PCM) to £1,016pcm YTD in 2024.
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The Boston Property Market Report for March 2024
- 12 Mar 2024
As a practised Let Us Let U & Vendoors agents based in Boston, I like to monitor the Boston property market, compare it to the UK property market, and then share it with Boston homeowners and landlords.
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Boston's Restless Homeowners: The 5 Year 5 Week Itch in the Boston Housing Market
- 5 Mar 2024
There are 28.4m households in Britain, of which 17,693,200 are owned, worth a total of £5,127,807,837,600 (£5.1 trillion). When you add all the private rented homes and council houses, that figure reaches just over £8.5 trillion!
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45.75% of Boston households are 3-bedroom homes. Is that enough?
- 23 Feb 2024
As an estate and letting agent with a keen eye on local Boston property trends, it becomes imperative to delve into the nuanced landscape of property types, mainly through the lens of bedroom distribution across various tenures.
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1 in 3.9 Boston Homes are in the Private Rented Sector:
- 6 Nov 2023
The Resilient Growth of Boston’s Private Rented Sector with a Decade of Opportunities Amid Challenges As Boston strides into the future, the burgeoning private rented sector has continued to house many of its residents. The decade-spanning 2011 to 2021 saw a significant surge in the private rented sector, a testament to the enduring appeal and viability of the Boston property market. This growth has unfolded amidst a backdrop of housing challenges, underscoring the pivotal role of private landlords in bridging the housing gap.
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