Author Archives: swalepropertynews

The property market is one of the most important economic indicators, as it can significantly impact the prosperity of both the local and national economy. Recently, new data from the Census 2021 has become available that sheds light on seldom discussed areas of property, such as the types of properties Faversham has, together with howContinue reading “Unveiling the Secrets of Faversham’s Housing Market: Insights from the 2021 Census”

Traditionally, the first four months of the year are usually an estate agents’ busiest time for house sales. However, if the last three years have taught us anything, nothing is ‘normal’ and ‘usual’ anymore. The Sittingbourne property market is finding that with the friction of higher mortgage rates and the effects of inflation on householdContinue reading “Is it Now or Never for the Sittingbourne Property Market?”

As the British and Faversham property market navigates the ongoing economic turmoil, many Faversham homeowners and landlords may feel uncertain about the future. However, up-to-date data suggests that the 2023 property crash predicted by the many newspapers and the usual clickbait doom-mongers in the lead-up to Christmas on social media, may not be as badContinue reading “Cautious Optimism in the Faversham Property Market”

The share of Brits moving each year has been declining since the late 1980s (when at one stage, people moved every eight years), yet since the pandemic’s beginning, something has appeared to upset that trend. Newspaper stories and social media posts painted a picture of homeowners moving from the city centres to its suburbs, from theContinue reading “50% of Faversham house sellers in 2022 had only been in their old home on average 5 years and 49 weeks”

Over the last five years, life has become a little trickier for Sittingbourne landlords, with changes to their taxation status, mortgage interest relief and an additional 3% stamp duty for a buy-to-let property, and has made lots of Sittingbourne landlords ask themselves: ‘Is buy-to-let in Sittingbourne still worth the risk?’ Regarding taxation, in 2016, the GovernmentContinue reading “Is Buy-to-Let in Sittingbourne Still Worth the Risk?”

As we enter February, the Faversham (and British) property market is full of mixed messages. Whilst the Bank of England increased the base rate nine times in 2022, meaning they are now at 3.5% (3% higher than 12 months ago), mortgage rates are now dropping. The Faversham property market rocketed over the last few yearsContinue reading “Faversham Property Market Update: February 2023”

The Winners & Losers The doom and gloom of the national newspaper headlines regarding the UK property market would make you think Armageddon has arrived, this being the second most interesting topic to the Brits (the first being the weather!). So, what is happening in the British property market? As with most things in life,Continue reading “Falling Sittingbourne House Prices”

The Faversham rental property shortage is currently very evident. In this article, I will investigate why there is such a significant lack of homes available for rent across Faversham and what it means for buy-to-let investors. Anybody who enjoys surfing the property portals (Rightmove, Zoopla and On the Market) will have observed an emerging trend that theContinue reading “Faversham Tenants Face Further Rent Hikes, as the Number of Available Rental Homes Drops by 32%”

This is the question many people are asking right now, and the answer depends on your circumstances. I pride myself on my ability to provide objective, fact-based information on the Sittingbourne property market so potential Sittingbourne house sellers, landlords and buyers can make the best decision for themselves. My role is to educate the potential SittingbourneContinue reading “‘Is Now a Good Time to Buy a Sittingbourne Home’”

I often get asked what is going to happen to Faversham house prices. Many things affect house prices, and it comes down to simple supply and demand. On the supply side of the equation, in the short-term, the number of people wanting to sell their property at any one time has a massive effect onContinue reading “What Will Rishi Sunak as PM Mean for Faversham House Prices?“