The Sittingbourne property market is an enigma and chock-full of contradictions. Notwithstanding an economic recession and forecasts of property values dropping, nobody seems to have informed the Sittingbourne homeowners selling their homes and those Sittingbourne people looking to buy them. As I have discussed in many recent articles on the locality, the Sittingbourne property marketContinue reading “Why are Some Banks Reining in Over-Enthusiastic Sittingbourne Homebuyers and Buy-to-Let Investors?”
Author Archives: swalepropertynews
Faversham 2nd & 3rd Time Buyers Finding It Tougher (and Slower) to Move Up the Faversham Property Ladder
Post lockdown, the need for Faversham families who want bigger homes has meant Faversham homebuyers must now to pay considerably more to trade up to that larger home… One thing that has come out of lockdown has been the inexorable movement of Faversham households wanting to upsize to a larger home. Often considered to beContinue reading “Faversham 2nd & 3rd Time Buyers Finding It Tougher (and Slower) to Move Up the Faversham Property Ladder”
Sittingbourne’s ‘Generation Rent’ to become ‘Generation Buy’?
Boris Johnson has attracted both praise and horror in equal measure with a new plan for 95% mortgages to help beleaguered first time buyers to get on the property ladder, but would that expose UK taxpayers to too much risk? In this article I discuss the implications of what that would mean both nationally andContinue reading “Sittingbourne’s ‘Generation Rent’ to become ‘Generation Buy’?”
Faversham Homebuyers Have Saved £52,970 Thanks to the Stamp Duty Holiday – Yet Many Could Miss Out
Faversham homebuyers and Faversham landlords purchasing residential property have saved £52,970 since the Chancellor reduced stamp duty on 8th July 2020, yet many more Faversham homebuyers could miss out. My analysis of properties sold in Faversham from the Land Registry between the introduction of the stamp duty holiday on 8th July 2020 and 14th AugustContinue reading “Faversham Homebuyers Have Saved £52,970 Thanks to the Stamp Duty Holiday – Yet Many Could Miss Out”
The 1,628 ‘Trapped Landlords’ of Sittingbourne
Going into lockdown in March, the Government proclaimed a ban on tenant evictions, pledging that no tenant in a private rented home, who had lost their wages due to Covid-19 would be kicked out of their private rented home until the late summer. Fast forward to August and the press were being briefed as lateContinue reading “The 1,628 ‘Trapped Landlords’ of Sittingbourne”
