Sittingbourne Homeowners Profit by £56,810 in Last 5 Years … yet Bitcoin investors would have made £12,864,870 in profit. Is investing in ‘Bricks & Mortar’ dead?

Investing in property has historically been a sound investment, yet alternative investments (like Cryptocurrency) have been gaining traction over the last five years. So, should we all ditch buying our own home and buy Bitcoin? Cryptocurrency with such names as Bitcoin and Ethereum are being bandied about as the new investment vehicle everyone should beContinue reading “Sittingbourne Homeowners Profit by £56,810 in Last 5 Years … yet Bitcoin investors would have made £12,864,870 in profit. Is investing in ‘Bricks & Mortar’ dead?”

£719,889 – ‘Wood’ You Pay That for a Faversham Semi-Detached House?

The value of an average Faversham semi-detached house has increased in value by £31,376 in the last 12 months, an increase in value of 9.24%. Yet the costs of building a Faversham home have shot up even more in the last 12 months, meaning the price of Faversham new homes and any building works youContinue reading “£719,889 – ‘Wood’ You Pay That for a Faversham Semi-Detached House?”

Is Sittingbourne Heading Toward a House Price Crash?

Sittingbourne house prices rose by 3.5% last month, according to the Land Registry. This means the annual rate of house price growth in Sittingbourne has now increased to 14.4%. Looking at the national figures, many people were concerned the UK property market was overheating as spring saw annual growth of 9.9%, the highest rate of house priceContinue reading “Is Sittingbourne Heading Toward a House Price Crash?”

How Eco-friendly are Sittingbourne Homes?

And how new Gov’t rules will mean draughty low-eco Sittingbourne homes will drop in value ‘It’s Not Easy Being Green’, was the song that Kermit sang on Sesame Street. Yet now being green is a normal way of life for most of us. Walking or cycling places instead of taking the car, recycling and evenContinue reading “How Eco-friendly are Sittingbourne Homes?”

Your Great-Great Faversham Grandfather Would Only Have Paid £360 8s 9d for his Faversham Home in 1871

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”

27% of Sittingbourne Landlords Could be Fined £5,000 each with New Energy Regs

… 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”

Will the Faversham Property Market Continue to Boom?

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?”

Sittingbourne Buy-to-Let Property Market Going into Crisis?

… 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?”

Will Faversham House Prices Fall in 2022?

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?”

Sittingbourne Property Market: 2011-2021

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”