Guaranteed Rent Income | Saafend is no longer the last resort: Essex town revealed as UK property hotspot of 2012
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Guaranteed Rent Income | Saafend is no longer the last resort: Essex town revealed as UK property hotspot of 2012 We will regularly inspect your property, to ensure it is well-maintained and that everything is as it should be, ready for when you do get a tenant again. We will also continue to advertise your property, to show it to prospective tenants and to keep you informed every step of the way. And you can relax knowing that all the while this property is empty, you are still guaranteed rent payments and are still receiving a monthly guaranteed rental income. With its penny arcades, pleasure beach and purveyors of cockles and whelks, the classic English seaside resort of Southend may seem slightly outdated to some. And thanks to cheap flights and mini-breaks abroad, the Essex town no longer has the same appeal as a holiday destination compared to its 1960s' heyday. Despite this, Southend has now become a hub for thousands of commuters - and over the past year, house prices in the area have skyrocketed faster than anywhere else in Britain. Experts have ascribed the extraordinary property boom to its well-known grammar schools, as well as seafront attractions such as the world's longest pier, Adventure Island theme park and dozens of green spaces. Guaranteed Rent Income Average house prices in the town, which is 45 minutes from central London, rose by 14.8 per cent over 2012, according to research published today. House prices in Southend have skyrocketed faster than anywhere else in Britain. This map shows the largest rises and falls in house prices across the UK over the course of 2012 The resort saw the steepest rise in selling prices of major UK towns and cities over the last 12 month, with homes now going for an average of £198,418, according to research by Halifax. The town’s popularity is thought to have been boosted by its secondary schools, eight of which award some or all of their places according to ability in entrance tests. Other UK towns which boast grammar schools and feature in the top 10 for house prices rises this year include Rochester, Dartford, Gillingham in Kent and nearby Bromley. Robert McCartney, chairman of the National Grammar Schools Association, said applications to sit the 11-plus schools were increasing in many areas, particularly among families who are no longer able to stretch to private school fees. ‘With the credit crunch, a number of middle-class families who could, with a bit of a push, have afforded an independent school are now looking for an equally good education at a much reduced cost’, he said. ‘There is also no doubt that people are continuing to flee from poor comprehensive schools.’ Southend’s grammars were a ‘big attraction’ for families seeking high-performing schools within commuting distance to London, he said. Experts have ascribed the extraordinary property boom n Southend to its well-known grammar schools, as well as seafront attractions such as the world's longest pier, Adventure Island theme park and dozens of green spaces Face lift: The new Lift Tower is one of several fairly recent additions to the town's landscape The town has four fully selective schools - two for boys and two for girls - and a further four which are partially selective, offering a proportion of their places on merit. Guaranteed Rent Income Mr McCartney added: ‘Some people are prepared to move from anywhere in the country to an area where their children can go to a grammar school. In three quarters of the UK there are no grammar schools. Guaranteed Rent Income ‘Whether it is a grammar or a good comprehensive, all the evidence of the recent past is that people are buying houses in areas where they will be near good schools.’ Some 164 grammar schools remain in England, spread across 36 out of 150 local education authorities. They are most plentiful in Kent, Buckinghamshire, Essex, Lincolnshire, Birmingham and parts of Surrey but large swathes of the country have none. Mr McCartney said many areas which had held onto their grammars were places of relative wealth, where families were prepared to pay a hefty premium on property prices to be in the locality of top-performing schools. But demand for places far outstrips supply, he said. Today’s table of house price gains and falls shows that three areas which are among the top five performers have grammars - Southend, Rochester and Dartford. Basingstoke, in Hampshire recorded the second biggest rise in house prices with a 14.7 per cent gain by the end of 2012. Most of the worst performing areas were located outside southern England. The Northern Ireland town of Craigavon, in County Armagh, saw the biggest slump in prices, with a 18.4 per cent drop, while Wishaw, in North Lanarkshire, Scotland recorded a 12.5 per cent fall. Chorley, Carlisle and the Wirral, all in northern England, made up the rest of the bottom five. Nine of the 10 towns which saw the biggest declines in prices are outside the south of England, reflecting the continued regional divide in the property market. Halifax housing economist Martin Ellis said: ‘Nationally, conditions in the housing market have been largely unchanged over the past 12 months with little overall movement in either house prices or sales for the second consecutive year. This picture, however, conceals considerable local differences.’ He said he expected continuing broad stability in house prices nationally in 2013, with the north/south divide likely to persist next year. ‘House prices are expected to be strongest in London and the South East as this part of the country performs best in economic terms,’ he added. View the original article here Guaranteed rent - Our top rated property management service comes highly recommended by many homeowners and landlords alike
http://bit.ly/LV07bH
Guaranteed Rent Income | Saafend is no longer the last resort: Essex town revealed as UK property hotspot of 2012 We will regularly inspect your property, to ensure it is well-maintained and that everything is as it should be, ready for when you do get a tenant again. We will also continue to advertise your property, to show it to prospective tenants and to keep you informed every step of the way. And you can relax knowing that all the while this property is empty, you are still guaranteed rent payments and are still receiving a monthly guaranteed rental income. With its penny arcades, pleasure beach and purveyors of cockles and whelks, the classic English seaside resort of Southend may seem slightly outdated to some. And thanks to cheap flights and mini-breaks abroad, the Essex town no longer has the same appeal as a holiday destination compared to its 1960s' heyday. Despite this, Southend has now become a hub for thousands of commuters - and over the past year, house prices in the area have skyrocketed faster than anywhere else in Britain. Experts have ascribed the extraordinary property boom to its well-known grammar schools, as well as seafront attractions such as the world's longest pier, Adventure Island theme park and dozens of green spaces. Guaranteed Rent Income Average house prices in the town, which is 45 minutes from central London, rose by 14.8 per cent over 2012, according to research published today. House prices in Southend have skyrocketed faster than anywhere else in Britain. This map shows the largest rises and falls in house prices across the UK over the course of 2012 The resort saw the steepest rise in selling prices of major UK towns and cities over the last 12 month, with homes now going for an average of £198,418, according to research by Halifax. The town’s popularity is thought to have been boosted by its secondary schools, eight of which award some or all of their places according to ability in entrance tests. Other UK towns which boast grammar schools and feature in the top 10 for house prices rises this year include Rochester, Dartford, Gillingham in Kent and nearby Bromley. Robert McCartney, chairman of the National Grammar Schools Association, said applications to sit the 11-plus schools were increasing in many areas, particularly among families who are no longer able to stretch to private school fees. ‘With the credit crunch, a number of middle-class families who could, with a bit of a push, have afforded an independent school are now looking for an equally good education at a much reduced cost’, he said. ‘There is also no doubt that people are continuing to flee from poor comprehensive schools.’ Southend’s grammars were a ‘big attraction’ for families seeking high-performing schools within commuting distance to London, he said. Experts have ascribed the extraordinary property boom n Southend to its well-known grammar schools, as well as seafront attractions such as the world's longest pier, Adventure Island theme park and dozens of green spaces Face lift: The new Lift Tower is one of several fairly recent additions to the town's landscape The town has four fully selective schools - two for boys and two for girls - and a further four which are partially selective, offering a proportion of their places on merit. Guaranteed Rent Income Mr McCartney added: ‘Some people are prepared to move from anywhere in the country to an area where their children can go to a grammar school. In three quarters of the UK there are no grammar schools. Guaranteed Rent Income ‘Whether it is a grammar or a good comprehensive, all the evidence of the recent past is that people are buying houses in areas where they will be near good schools.’ Some 164 grammar schools remain in England, spread across 36 out of 150 local education authorities. They are most plentiful in Kent, Buckinghamshire, Essex, Lincolnshire, Birmingham and parts of Surrey but large swathes of the country have none. Mr McCartney said many areas which had held onto their grammars were places of relative wealth, where families were prepared to pay a hefty premium on property prices to be in the locality of top-performing schools. But demand for places far outstrips supply, he said. Today’s table of house price gains and falls shows that three areas which are among the top five performers have grammars - Southend, Rochester and Dartford. Basingstoke, in Hampshire recorded the second biggest rise in house prices with a 14.7 per cent gain by the end of 2012. Most of the worst performing areas were located outside southern England. The Northern Ireland town of Craigavon, in County Armagh, saw the biggest slump in prices, with a 18.4 per cent drop, while Wishaw, in North Lanarkshire, Scotland recorded a 12.5 per cent fall. Chorley, Carlisle and the Wirral, all in northern England, made up the rest of the bottom five. Nine of the 10 towns which saw the biggest declines in prices are outside the south of England, reflecting the continued regional divide in the property market. Halifax housing economist Martin Ellis said: ‘Nationally, conditions in the housing market have been largely unchanged over the past 12 months with little overall movement in either house prices or sales for the second consecutive year. This picture, however, conceals considerable local differences.’ He said he expected continuing broad stability in house prices nationally in 2013, with the north/south divide likely to persist next year. ‘House prices are expected to be strongest in London and the South East as this part of the country performs best in economic terms,’ he added. View the original article here Guaranteed rent - Our top rated property management service comes highly recommended by many homeowners and landlords alike
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