Friday 29 April 2016

PROPERTY MARKET UPDATE FOR APRIL IN LEAMINGTON SPA



Great Day in Leamington Spa again. Here is our latest Newsletter covering our property in market in April.

14,600 Surplus ‘spare’ bedrooms in Leamington Spa
is this the cause of the local housing crisis?

That isn’t a typo! Of the 29,900 households in Leamington Spa, 14,600 of these properties have not only one but two spare bedrooms. It is this topic I want to talk about this month, because this could be the cure for Leamington Spa’s housing crisis. The fundamental problem with the housing market in Leamington Spa is that historically the supply of homes has not kept pace with demand, putting upward pressure on property values, and
in turn rents. This has ensured that home ownership has become an unattainable ambition for many of the twenty somethings in Leamington Spa.