Category Archives: Uncategorized

342 properties have sold in the Faversham area in the last 12 months. It only takes 55 days to sell a Faversham home, so why does it take 118 days from the sold board going up to the buyer getting the keys? With a shortage of solicitors and a sub-standard conveyancing system, this article discussesContinue reading “Why Does it Take 118 Days to Get the Keys When You Buy a Faversham House?”

The average time to find a buyer for a Sittingbourne property reduced from 61 days in 2020 to 36 days in 2021. Yet still, just under 1 in 4 Sittingbourne homeowners are on the market after 12 weeks. Why are so many Sittingbourne homes still on the market after all that time, and what doesContinue reading “1 in 4 Sittingbourne Homeowners Unable to Sell”

958 homes in the Swale area are empty, which represents 1 in 67 homes. 541 of those have been empty for more than six months and are worth £158million. Why are those properties standing empty and deteriorating and why could that become an issue for the whole of Swale? A couple of weeks ago wasContinue reading “1 in 67 Homes are Sitting Empty in the Swale Area”

The energy bills of every Faversham resident will rise in April as the price cap increases to account for the global increase in the cost of gas. Those not on the gas mains will still be hit as the UK uses gas to make 45% of its electricity. So, what can Faversham residents do toContinue reading “Faversham Household Heating Bills Set to Rise to £13,543,537 in 2022”

48% drop in the number of properties for sale in Sittingbourne in the last 12 months. 208 Sittingbourne homes have sold (stc) in the last three months alone, taking the time from the ‘for sale board’ going up to sale agreed to a median of 29 days. The £200k to £300k price range in SittingbourneContinue reading “Why Are There So Few Sittingbourne Homes For Sale?”

Some Faversham landlords face bills of between £11,000 to £14,000 as Michael Gove, the Housing Minister, declared an attack on poor quality private rental homes. 264 Faversham rental properties will require upgrading. The Government announced in their ‘Levelling Up’ White Paper last week they plan to introduce a new minimum standard for private rental properties.Continue reading “264 Faversham Landlords Could Be Hit With £14k Bills and Red Tape in Tory ‘Levelling Up’ Plans”

Will Sittingbourne OAP homeowners be forced to sell their home as their gas & electric bills are set to double in 2022? What can the 5,846 Sittingbourne OAP homeowners do to mitigate this? What are their options if they do need to sell? And what will that mean for the Sittingbourne property market as aContinue reading “5,846 Sittingbourne OAP Homeowners Could be Forced to Sell Their Homes as Their Energy Bills Rise”

The average house price in Faversham has increased by 207.6% to £348,700in the last 20 years, a profit of £235,300 That means, when adjusted for inflation in those two decades, Faversham house prices have risen in real terms by 135.5% What does this mean for existing Faversham homeowners and first-time buyers trying to get onContinue reading “Faversham Homeowners Pocketed £235k Each in the Last 20 Years”

The Headlines… Sittingbourne rents up by 3.8% in the last 12 months Sittingbourne house Prices up 11.3% in the last 12 months Sittingbourne landlords helped by ultra-low mortgage rates and a stamp duty holiday  Yet, some landlords in Sittingbourne anxious about a possible end to no fault evictions New EPC rules could cost Sittingbourne landlordsContinue reading “The Future of the Sittingbourne Buy-To-Let Market in 2022”

Finding your next Faversham property, be that for yourself to live in or as a Faversham buy-to-let landlord, can sometimes be a scary task. You are possibly making one of the biggest purchases of your life, and you want to ensure you make the right choice. Buying your next property is all about finding aContinue reading “My 11 Rules to Buying a Faversham Property”