Northampton’s Interest Only Mortgage Time-Bombs?

According to my research, of the 89,984 properties in Northampton, 39,039 of those properties have mortgages on them. 86.5% of those mortgaged properties are made up of owner-occupiers and the rest are buy to let landlords (with a mortgage). …but this is the concerning part… 8,432 of those Northampton mortgages are interest only. My research…

Continue Reading

Buy to Let Cottage Northampton

An ideal investment or first time purchase opportunity situated in the ever popular and vibrant Moulton Village… is what the Northampton estate agents ‘Jackson Grundy’ say about this property; http://www.rightmove.co.uk/property-for-sale/property-49502469.html I have to agree the charming stone and brick cottage would make a great investment property with tenants in high demand. The accommodation is set…

Continue Reading

Northampton Village Buy to Let Deal

Looking for an investment property to let out in Northampton? Well this one is certainly one to consider… It’s a freehold, two bedroom property positioned in a cul dec sac in the popular Northampton village of Moulton.  The photographs and description  show it to be in good condition and has a new combination boiler and…

Continue Reading

The General Election & The Northampton Property Market

As the dust starts to settle on the various unread General Election party manifestos, with their ‘bran-bucket’ made up numbers, life goes back to normal as political rhetoric on social media is replaced with pictures of cats and people’s lunch.  Joking aside though, all the political parties promised so much on the housing front in…

Continue Reading

NORTHAMPTON BABY BOOMERS VS MILLENNIALS (Part 2)

Well last week’s article caused a stir when mentioning “The Unfairness of the Northampton Baby Boomer’s £7,909,420,000 windfall?” where a young family member was arguing the case that Millennials (those born after 1985) were suffering on the back of the older generation in Northampton. The family member said the older generation had seen the cumulative…

Continue Reading