House Prices in Walsall

Walsall landlords could be fined £1,188,000!!

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , ,
Walsall landlords could be fined £1,188,000!!
Walsall landlords could be fined £1,188,000!!

 

 

 

 

 

 

 

OMG (Oh My Gosh/ God for the old school peeps), said one of our tenants signing up last Saturday!!  This is when they saw the load of paperwork they had to sign.  Gone are the days when you could just ask for a word of mouth referral, collect a copy of a Tenancy Agreement from the local WH Smith and Bob’s your tenant (or is it??).

Amongst the hoard of documents I had were the Right to Rent Guide, copy of the Energy Performance Certificate, a current Gas Cert, an Electric Report, a Schedule of Conditions and Inventory, Prescribed Information and Terms & Conditions of the deposit scheme where the deposit was registered/ kept plus a few other bits…so the sharp intake of breath was understandable.

Continue reading →

The death of home ownership in Walsall…??

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , , , ,

house ownership

I had the most interesting chat with a mature couple (in their early/mid 50’s) from the Aldridge area the other day, whilst viewing one of our rental properties.  The property wasn’t for them, but their son, who wanted a second viewing with his parents to get the parental blessing.  Now I know that isn’t the norm, but in this case the parents were going to act as guarantor.  We got chatting about the Walsall property market and how they had bought their first property in the town just after they got married in the late 1980’s when they were in their early/mid 20’s.

Anyway, we got chatting about how the youngsters of the UK seem to rent more than buy nowadays and from that the conversation covered a number of similar topics.  I want to share the highlights of that conversation with you today.

Continue reading →

Walsall Property Prices Cut…But Values Go Up!

Head of Juicing @Ashmore Lettings & Sales Ltd Walsall Property Market , , , ,

UPDOWN

Those of you who regularly read my weekly articles in the Walsall Property Blog will know I like to keep abreast of the Walsall Property Market.  Something attracted my attention this week about the local property market, something I wanted to share with my many readers.

Over the last month, there appears to have been an anomaly in the local property market, whereby asking prices in the town have dropped, yet property values have increased.  The average asking price of a Walsall property, according to Rightmove, fell 1.1% this month yet the average value of a Walsall property rose by 1.2%.

Continue reading →