The days of mortgages being determined on simple income multipliers are long gone and the increasingly crowded market is evolving to meet the changing needs of consumers. To help us understand more about the affordability and availability of mortgages, we talked to Michael Tickner, a mortgage specialist at KT Partnership.
In February, the Government presented its Housing White Paper, “Fixing our broken housing market”. It focuses on 4 main areas:
Assuming the white paper survives the election, we explore how these areas of focus could affect Ashtead.
Property price indices can hide many factors. They show a general trend for an area or type of property. What they don’t always explain are the underlying local factors that can influence the value of properties in specific streets, certain areas or properties with more unique features. Family properties will always be more influenced by school league tables than other types of property. The arrival of certain supermarkets (Waitrose, Aldi or Lidl) can affect prices of local houses generally.
Ashtead Village Day takes place on Saturday 10th June 2017. Its main focus is to provide entertainment for all those within the local Ashtead community, with a secondary aim of raising funds to support local and international charitable needs. It is organised by Ashtead Rotary Club and as a local business, Michael Everett & Co will again be supporting the event. This year, we have teamed up with another local business, Minicrickets, to provide some entertainment for the kids.