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”
Category Archives: Uncategorized
Faversham Tenants Face Further Rent Hikes, as the Number of Available Rental Homes Drops by 32%
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%”
‘Is Now a Good Time to Buy a Sittingbourne Home’
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’”
What Will Rishi Sunak as PM Mean for Faversham House Prices?
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?“
Sittingbourne Property Market:
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:“
Faversham Landlords:
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:“
Waiting for the Sittingbourne House Market to Crash will Cost you £39,416
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”
Faversham Property Market
What will the stamp duty cuts and interest rate rises mean for Faversham homeowners and landlords? Last weekthe Bank of England increased interest rates to 2.25% and they are expected to be 3.25% by early next year. This increase will make the monthly mortgage payments more expensive for first-time buyers, an issue dubbed by someContinue reading “Faversham Property Market“
Why Aren’t Liz and Rishi Courting Faversham’s Generation Rent?
With the cost-of-living crisis beginning to hit, the 20 and 30-somethings of Faversham urgently need the help and support of the Government to help them get on the property ladder. For the last few weeks, we have listened to the debates and hustings of Liz and Rishi. Between them, they have told us how theyContinue reading “Why Aren’t Liz and Rishi Courting Faversham’s Generation Rent?“
What’s the Difference Between a Flat and an Apartment in Sittingbourne?
“An apartment is over £100 grand and a flat under £100k”, said my friend. Joking aside, there is no difference, call it what you will, the humble apartment/flat has served Sittingbourne well over the years. The average sale price of an apartment in Sittingbourne in 2021 was £173,910, making it an excellent first-time buyer purchaseContinue reading “What’s the Difference Between a Flat and an Apartment in Sittingbourne?“
