The Future of the Buy-To-Let Market in 2022

The Future of the Buy-To-Let Market in 2022

In this article, I will look at what happened in 2021 in the Norwich buy-to-let property market and give you my opinion as to what lies ahead for Norwich landlords in 2022 and beyond. On a positive note, house prices in Norwich have rocketed, rents have risen faster than inflation, at the start of the year we had the benefit of a stamp duty holiday and finally, ultra-low mortgage rates, meaning Norwich landlords had lots to be happy about in 2021.

Will lifetime deposits change the Norwich rental market?

Will lifetime deposits change the Norwich rental market?

The Government’s scheduled publication of their White Paper for the Renter’s Reform Bill, which incorporates proposals to forbid Section 21 evictions and introduce ‘Lifetime Deposits’, has been suspended until 2022. The additional time is required to give a chance to create a level playing field to reforms for both landlords and tenants in the private […]

Norwich Homeowners to Face Post-Lockdown Mortgage Rate Rise of £753 a Year

Norwich Homeowners to Face Post-Lockdown Mortgage Rate Rise of £753 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 the truth for many Norwich homeowners and Norwich landlords. Because inflation over the long-term […]

Has Buy-to-Let Changed the Norwich Property Market?

Has Buy-to-Let Changed the Norwich Property Market?

The ‘Buy-To-Let’ (BTL) mortgage is celebrating its Silver Anniversary (25 years) this autumn. Isn’t it fascinating that a decision between a group of letting agents and bankers all that time ago to offer BTL mortgages has changed the face of the Norwich (and national) property market? But has it been a good thing? Or has […]

Keeping You Safe: Our Assurance

With restrictions being extended for at least another month, at Watsons we continue to do everything possible to keep you and our team safe. We have been following the Government’s sector-specific guidance since the start of the COVID-19 pandemic and our staff continue to take the safety of our customers and the Watsons team very […]