Faversham Property Market Improved by 49.2% Over Pre-pandemic Levels

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”

Sittingbourne First-time Buyers Can Now Buy Using the Government’s 5% Deposit Mortgages

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”

Faversham Home Buyers £1,237,034 Windfall as Stamp Duty Holiday Stretched to September…

… 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…”

Lifeline for Swale House Buyers & First-time Buyers

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”

Half of Faversham Homeowners Move Again Within 7 Years and 8 Weeks – Why?

In Britain, there are 27,071,500 households, of which 17,044,450 are owned and are worth a total of £3,925,865,212,950 (£3.92 trillion). Over the last 5 years, an average of 86,096 properties sell each month, meaning just over a million UK households move home per year. Therefore, the average British homeowner moves every 16 years 5 months.Continue reading “Half of Faversham Homeowners Move Again Within 7 Years and 8 Weeks – Why?”

The Busiest December for the Sittingbourne Housing Market Since 2006

Over the last six months, the Sittingbourne Property Market has been flourishing. As soon as an estate agents “For Sale” flag went up, neighbours would be checking out Rightmove to see the internal pictures and compare the asking price to their own home (go on … admit you do that too – every Sittingbourne homeownerContinue reading “The Busiest December for the Sittingbourne Housing Market Since 2006”

6% Drop in Sittingbourne Homes “For Sale” in Last 4 Months

What does this mean for Sittingbourne property owners? With most Sittingbourne families home schooling their children in lockdown and the forthcoming Stamp Duty Holiday deadline on the 31st March 2021, less Sittingbourne properties have been coming onto the Sittingbourne property market since the new year. This has prompted a 6% drop in the supply of Sittingbourne homesContinue reading “6% Drop in Sittingbourne Homes “For Sale” in Last 4 Months”

Sittingbourne Property Market: Is it Time to Stamp Out Stamp Duty?

Most people pay Stamp Duty Tax when they buy a property, house, apartment or other land and buildings over a particular price in the UK. The Chancellor, Rishi Sunak, (quickly followed suit by the Welsh and Scottish Governments) announced last July that Stamp Duty was partially being suspended on all English property transactions up to £500,000Continue reading “Sittingbourne Property Market: Is it Time to Stamp Out Stamp Duty?”

697 Faversham Homeowners to be ‘Unchained’ from Toxic Leasehold Agreements in Biggest Shake-up of Property Law in Decades

When William the Conqueror invaded our fair shores in 1066, like all good kings, he needed to buy loyalty and raise cash to build his castles and armies. He did this by feudal law system and granted all the faithful nobles and aristocrats with land. In return, the nobles and aristocrats would give the KingContinue reading “697 Faversham Homeowners to be ‘Unchained’ from Toxic Leasehold Agreements in Biggest Shake-up of Property Law in Decades”

How Will the Brexit Deal Affect Sittingbourne House Prices & Your Mortgage Payments?

Christmas Eve brought the news that Boris Johnson had conclusively agreed on a Brexit deal for the UK with the European Union. This gave optimism that the economic turmoil of leaving the EU would be radically reduced, yet what will this ‘trade deal’ do to the value of your Sittingbourne home and the mortgage payments youContinue reading “How Will the Brexit Deal Affect Sittingbourne House Prices & Your Mortgage Payments?”