Jump to content
House Price Crash Forum
Sign in to follow this  
TheCountOfNowhere

Northamptonshire, Number Of Rental Properties Down 8% In One Month !

Recommended Posts

From the Northampton thread:

This months Northampton rental figures ( NN1 + 10 miles ) are, as of 9 aUG 2009 :

above �600pcm - 527

between �500 and �600 pcm - 709

below �500 pcm - 927

total number - 2163 - down 4% looks like we have gone past the peak rental market !!!!

Big drop, around 10% at the above £600 pcm listings this month, Either loads of people with lots of cash have decided to rent, or these people have just realised they have missed the dead cat bounce and they need to sell now....only time will tell.

This months Northampton rental figures ( NN1 + 10 miles ) are, as of 11 Sept 2009 :

above �600pcm - 525

between �500 and �600 pcm - 608

below �500 pcm - 850

total number - 1983- down 8%

Thats a big drop and matches what I see on rightmove with the sales numbers increasing !!!!

It's a buyers market again :lol:

Edited by TheCountOfNowhere

Share this post


Link to post
Share on other sites
Yess...Yess,but,what does it mean??

By the pricking of my Thumb.

Hhmmmm. Don't know

BS

If I was to hazard a guess I'd say all those scum sucking leeches that are teh BTL brigade have seen rents drop so much and prices appear to recover they are rushing for the exits. Also, the Unplanned lords have spent 12 months of hell rentingh their houses out only to see their value plummet and get wrecked and no longer wish to be landlords.

Despite ther ramping and the spring bounce, I feel sentiment has turned from the people I speak to. They all say it was a mad bubble and was unsustainable. The people with jobs are relived to be keeping them for now, the ones without are bricking it.

Share this post


Link to post
Share on other sites
From the Northampton thread:

This months Northampton rental figures ( NN1 + 10 miles ) are, as of 11 Sept 2009 :

above �600pcm - 525

between �500 and �600 pcm - 608

below �500 pcm - 850

total number - 1983- down 8%

Thats a big drop and matches what I see on rightmove with the sales numbers increasing !!!!

It's a buyers market again :lol:

I'm struggling between 'OH POO. why did I leave the UK when rents are finally affordable?' and 'thank god I got my money out while its still worth anything at all'. Anyway, I can't get a job (50 apps in the last 20 days and no love at all), but its a beautiful comfortably brisk evening and I expect a sunny day tommorrow.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   287 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.