Why have House Prices fallen in 2021
The mini boom of last year seems to be over as records show that house prices have fell for a three consecutive months followed by a small increase in February. Different to the previous lockdown of 2020 the property market is open for business, normal social distancing rules apply and viewings from prospective property buyers […]
Government Backed 95% Mortgages to Help First Time Buyers
Many 10% mortgage products have been pulled from the market and this has forced the government to act. It’s been a dramatic cut over the past few months, from there being 779 mortgages that require a deposit of 10% that were available before the crisis to now less than 60. It seems that The government has realised that the lack of […]
How Will the New Stamp Duty Change Affect the Property Market
This week saw the announcement of a very significant Stamp Duty Break from The Chancellor Rishi Sunak. It was announced that house buyers wont be required to pay stamp duty on a house worth up to £500,000. Previously their was zero stamp duty on homes up to 125,000 this new change will provide relief for […]
What Help is Being Offered to Homeowners During Coronavirus
The Coronavirus pandemic has lasted longer than initially expected and we are now experiencing a second wave. A second national lockdown started on November 5th and alongside the lockdown the government has announced a new wave of financial help which will not only help the general population to meet their essential needs, but also further […]
What Will Happen to House Prices During Coronavirus
The Coronavirus pandemic is forcing society into a shutdown and the economy into meltdown. Recessions often start with a trigger and it is now apparent that this years pandemic has caused a global recession. The circumstances surrounding social distancing means that businesses are having to at best rearrange the way they work and at worst […]
Should You Sell Your House First Before Making an Offer
In the current climate there may be some good reasons to consider selling your house first before you have even started looking for your new home. Prices may have already peaked and it may be a good time to sell. However, you will need to consider where your going to live once your property is […]
How Long Does it Take to Sell a House in 2019
The question of how fast you can sell your house in 2019 has been addressed by Rightmove who have reported that 28% of the homes advertised for sale on their property portal have remained unsold for over 6 months. Furthermore, 8% of homes listed have remained advertised for over a year. For those who don’t […]
Will The Property Market Crash After Brexit
The connection between the uncertainty of Brexit and a subdued property market has been the focus of much commentary in recent times. Brexit has received much of the blame for the stagnancy that we are currently seeing in the property market and many people are wishing to simply get the Brexit debate out the way. […]
Why Selling your House by Raffle Could be a Bad Idea
There are currently a number of home sellers who are attempting to offload their property by offering it as a raffle prize. It may seem like a strange alternative to selling your house via the usual route but whats really going on? Can you actually win a house for what seems like a relatively cheap […]
What could a No Deal Brexit Mean for the Property Market
With the Brexit debate currently dominating the news the question of what will happen to the property market if there is a No Deal Brexit is a concern for any homeowner and of even further concern for anyone who is currently looking to buy or sell. As Theresa May has said “it will bring chaos […]
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