Category Archives: Uncategorized

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?“

Could the humble ‘granny annexe’ help solve the Sittingbourne housing crisis for mature homeowners? Most Sittingbourne homeowners born before 1960 have been in their homes for more than 25 years. Yet of all the properties sold in the UK since the first lockdown in the summer of 2020, 50% of those property owners had onlyContinue reading “Sittingbourne Property Market:“

Will Faversham buy-to-let continue to be profitable in the next few years? Being a Faversham landlord is undoubtedly a challenge. The glory years of making money from ‘any old property’ are certainly in the past. With increased legislation and taxation from Government and the cost-of-living crisis (which will result in some Faversham tenants struggling toContinue reading “Faversham Landlords:“

Doom and gloom in the British property market or clickbait doom-mongers? Newspapers and clickbait 24-7 news websites, desperate for clicks, are peddling a story of a doomsday time for the economy, particularly the property market, as interest rates and inflation create the perfect storm for the UK property market. So, let us look at whatContinue reading “Waiting for the Sittingbourne House Market to Crash will Cost you £39,416”