Tag: Downsizing
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Seaside House Prices Weather the Property Storm
Love a bracing walk on the beach? You’re not alone! Homes by the sea are as popular as ever, with prices surging ahead of the rest of the UK. New research shows that living by the seaside is as popular as ever, with house prices in coastal areas soaring despite the sluggish property market elsewhere…
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Artex Ceilings – Will They Reduce Your House Price?
You’ve lived in your four-bedroom detached home for years, but now it’s time to downsize. There’s just one problem: those artex ceilings. Should you get them smoothed over before you put your house on the market? And could those textured ceilings actually be hiding a nasty secret that could cost you thousands? That’s the question…
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First-Time Buyer Mortgage Nightmare – Payments Top £1,000 a Month!
Soaring house prices and interest rates have pushed the average first-time buyer’s monthly mortgage payments to over a grand, leaving many struggling to get on the property ladder. It’s tough out there for aspiring homeowners! The latest figures from Rightmove paint a grim picture, revealing that the average monthly mortgage payment for a first-time buyer…
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Portfolio Landlords Believe Election Won’t Shake Up Property Empire
Don’t worry, landlords! The upcoming election won’t send your buy-to-let empire crashing down, according to new research from Zero Deposit. 82% of landlords have kept their buy-to-let portfolios the same size, despite a barrage of changes from the Conservative government. These include tweaks to mortgage tax relief, heftier stamp duty on additional homes, and the…
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London Flat or Northern Mansion? What Your Money Buys You Around The UK
The average UK house price is a whopping £340,837, but what does that actually get you? A pokey flat or a sprawling mansion? Well, it all depends where you lay your hat (or should that be bricks and mortar?) Savills estate agents have crunched the numbers, comparing house prices with square footage, and the results…
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Bungalows are Hot, but Finding One is a Struggle
It’s no secret, the cost of living is biting hard and Brits are looking for ways to save. For many, that means downsizing – and bungalows are suddenly the hottest property on the market. Why Everyone Wants a Bungalow Bungalows are cheaper to run. Heating a single-story home is a lot more affordable than a two-story…
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Aussie Home Prices Soar – Is This an Investment Opportunity?
Aussie homeowners are celebrating, but renters are crying into their takeaway coffees! Property prices in Australia have gone on a wild ride, jumping a whopping 8.3% in the last year. This price surge is all about supply and demand. There simply aren’t enough homes to go around, and that’s pushing prices sky-high. Imagine a crowded…
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London Property Market Springs into Action
As we tentatively step into summer, albeit with unpredictable weather, London’s property market is showing promising signs of revival after a sluggish start to the year. The early months of 2024 may have dampened spirits with persistent rain and subdued market sentiment, but things are looking up. Speaking to The Telegraph, Peter Wetherell of Wetherell…
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First-Time Buyers Lead the Charge in UK Housing Market
First-time buyers are now the main protagonists in the UK housing market, significantly influencing trends and transaction volumes. According to recent data from property experts at reallymoving, the participation of these newcomers in the market has grown considerably, now representing 60% of all buyers, up from 54% in April 2023. This peak was even higher…
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Thousands Face Homelessness as Landlords Sell Properties
Recent data has revealed a troubling trend in England’s housing market, with over 2,000 households each month facing the threat of homelessness. This surge in insecurity comes as numerous private landlords decide to sell their properties. Uncertainty fueled by government delays in implementing rental reforms is often cited as a significant reason behind these sales.…