Category Archives: Uncategorized

Would it surprise you even more when I said the ratio of house prices to wages are still lower today when compared to 1871?  Yes, you read that correctly, as a proportion of average wages British house prices are 17.6% proportionally cheaper today than they were in 1871. I wish to talk about the lastContinue reading “Your Great-Great Faversham Grandfather Would Only Have Paid £360 8s 9d for his Faversham Home in 1871”

… whilst possible new mortgage rules for Sittingbourne homeowners would make it harder to sell their draughty old properties As the UK has committed to a legally binding target to be carbon neutral by 2050, one of the biggest producers of greenhouse gasses are residential properties. To hit that target, every UK property will needContinue reading “27% of Sittingbourne Landlords Could be Fined £5,000 each with New Energy Regs”

All the signs are that the Faversham housing market is sat on good foundations, yet one key hazard could still scupper the market. ‘UK Property Prices Rising at Record Levels’ is the headline of many newspapers. In the last few weeks, the Halifax reported they had grown by 6.5% in the last 12 months, whilstContinue reading “Will the Faversham Property Market Continue to Boom?”

… as Sittingbourne first-time buyers now only need a 5% deposit for a mortgage. Sittingbourne landlords, sell your property portfolios, your tenants will soon be leaving in droves as they buy their first home with the new 5% deposit mortgages backed by the Government’s new mortgage-guarantee scheme revealed in March’s budget! These 95% mortgages areContinue reading “Sittingbourne Buy-to-Let Property Market Going into Crisis?”

As 1 in 10 Faversham homes are selling within a fortnight of coming to market. One of the most astounding things that has happened in the last 12 months was something that did not happen. Even after the country saw the deepest recession since the Great Freeze of 1709 with GDP dropping 28% in oneContinue reading “Will Faversham House Prices Fall in 2022?”

A look back at the Sittingbourne housing market over the last decade With all of us completing the Census, a couple of weeks ago, it made me realise profoundly that mine and my family’s life, which from our own point of view seems unique and delightful, makes us all into a series of statistics forContinue reading “Sittingbourne Property Market: 2011-2021”

Has there ever been a better time for Faversham home sellers? The Faversham property market, for people looking to sell, is at its sturdiest for at least the last five years with home buyers jumping onto the Faversham property ladder with abandon. Faversham house prices are anticipated to rise throughout 2021 after the Stamp DutyContinue reading “Faversham Property Market Improved by 49.2% Over Pre-pandemic Levels”

Being a Sittingbourne first-time buyer in the last 12 months has not been an easy thing. Just before lockdown there were 400 ‘5% deposit mortgage’ deals and first-time buyers were able shop around to get the best deal. When the first lockdown hit, 5% deposit mortgages disappeared meaning that as many Sittingbourne would-be first-time buyersContinue reading “Sittingbourne First-time Buyers Can Now Buy Using the Government’s 5% Deposit Mortgages”

… and new 5% deposit mortgages for Faversham first-time buyers The Chancellor Rishi Sunak announced two initiatives to keep the Faversham property market firing on all cylinders into 2021. Firstly, the £500,000 zero-rate Stamp Duty band has been extended to the 30th June 2021. After then it will phase down to £250,000 for an additionalContinue reading “Faversham Home Buyers £1,237,034 Windfall as Stamp Duty Holiday Stretched to September…”

In the last few hours, the Chancellor of the Exchequer, Rishi Sunak, has stated the Stamp Duty Holiday for Swale properties up to £500,000 will be extended from 31st March 2021 to the 30th June 2021; and to ensure we don’t have a cliff edge, from 1st July 2021, the Stamp Duty Holiday will apply only onContinue reading “Lifeline for Swale House Buyers & First-time Buyers”