Category Archives: Uncategorized

How far would you go to help your child get on in the world? Many Faversham parents move area to ensure their child gets into the best primary school or fund their university costs. Many of you reading this have even helped your children with the deposit for their first home from savings. However, IContinue reading “Would You Re-Mortgage Your Faversham Home to Help Your Child onto the Property Ladder?”

With grocery, energy and other household prices/costs rising and hitting everyone’s back pocket, inflation (rising prices) may feel like an unimportant issue when it comes to the cost of keeping a roof over your head. Yet nothing could be further from the truth for many Sittingbourne homeowners and Sittingbourne landlords. Because inflation over the long-termContinue reading “Sittingbourne Homeowners to Face Post-Lockdown Mortgage Rate Rise of £858 a Year”

The ‘Buy-To-Let’ Mortgage is celebrating its Silver Anniversary (25 years) this autumn. Isn’t it fascinating that a decision between a group of letting agents and bankers all that time ago to offer ‘Buy-To-Let’ (BTL) mortgages has changed the face of the Faversham (and national) property market? But has it been a good thing? Or hasContinue reading “Has Buy-to-Let Changed the Faversham Property Market?”

The stamp duty tax holiday is over, furlough finished at the end of September, unemployment is due to rise and inflation is rife … is this the end of the post lockdown Sittingbourne property boom? Surely, we are heading for house price correction? Forecasting what will happen in the Sittingbourne property market this Autumn mayContinue reading “Are Sittingbourne House Prices Set to Fall This Autumn?”

The number of properties for sale in Faversham has fallen by 44% since this time two years ago (October 2019). One of the reasons is that many Faversham buyers feel overwhelmed and fearful they will be made homeless if they sell their home and can’t buy another. So, I have decided to look again atContinue reading “Faversham Homeowners to be Made Homeless?”

Faversham landlords are becoming progressively more self-assured about expanding their rental portfolios; as Faversham rents rise, mortgage interest rates fall and demand for decent Faversham rental properties outstrips supply. A number of reports nationally would suggest around a third of UK ‘portfolio’ landlords (i.e. landlords with more than one rental property) are actively looking toContinue reading “Faversham Buy-to-Let Market on the Rise as Returns Rise by 41.7% in 5 Years”

A recent report by Legal & General stated that, since the pandemic, many older homeowners had put their plans to move home ‘on ice’. It said that fewer OAP homeowners are planning to downsize from their large family homes after the pandemic made them realise the actual value of their local community and space.  Historically,Continue reading “Why Are More Sittingbourne OAP Homeowners Deciding Not to Move Home?”

With Rightmove announcing a national drop of 0.3% in average asking prices in August, some are asking if the steam has been let out of the property market. Yet with the gains we have seen in the last 12 months, is this just a minor bump in the road? Alarm bells normally ring when newContinue reading “Faversham Homes Asking Prices Down 3%”

Should you sell or should you buy in this most interesting Sittingbourne property market? I have calculated that at least 77 Sittingbourne house sellers have rented a home to break their house chain in the last 12 months, although at a cost as they face paying many thousands of pounds in rent.  There are aContinue reading “Sittingbourne Homeowners Have Turned to the Rental Market to Cash in by £12,200 Each”

Whether you are a Faversham homeowner, first-time buyer or landlord; the last 15 months has been a roller coaster ride when it comes to the Faversham property market. With 213,120 UK house buyers and 58,580 UK tenants moving home in June, the summer has been manic for many people. Meaning some Faversham homeowners are askingContinue reading “How Many Days Does It Take to Sell a Faversham Home?”