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With the announcement of Heathrow expansion on the landlords and property owners have been asking what is going to happen to property in West Drayton. Historically property prices have been lower in Longford, Harmondsworth and Harlington...
At the full council meeting yesterday Hillingdon Council voted to start a consultation process than would most likely restrict the automatic planning rights for developers seeking to convert light industrial and office buildings to residential use.
Property prices in Hillingdon have risen by 16.5% on the last year to an average of £416,077 now. England's prices have also risen but by less, 9.2% and London is a major contributor being on average up 12.1%.
I have been a little quiet over the last couple of months (on the blogging front at least), but as the clocks have drawn in I thought it would be a good time to get back to writing about the Uxbridge property market.
It may be a few months away, but make plans now to protect your property, says Belvoir. The UK's best-organised private sector landlords should be thinking about Christmas around now - and not just the joy, but also the dangers.
It's been a tough year for Buy To Let, tax cuts on wear and tear, mortgage tax changes and stamp duty rises. The Bank of England promises tightening on BTL lending criteria, however gearing on BLT property is similar to the residential sector.
I was talking to a local senior bank manager recently and gone are the days of 25% down on a buy to let for an average investor. 35% Loan to Value (LTV) and better seems to be the requirement, but lenders will look at the whole of your finances to view the proposition that you as an investor present.