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The property market and what to do if you’re a homeowner looking to move
House prices have risen every month for the past 9 months, with annual growth of over 10% and average prices at an all-time high as demand has continued to surge in the face of a lack of properties available for sale. The property market has essentially become detached from economic reality. But things are starting […]
Is there a supply shortage in homes for sale in Portsmouth?
With most Portsmouth families home schooling their children in lockdown and the forthcoming Stamp Duty Holiday deadline on the 31st March 2021, less Portsmouth properties have been coming onto the Portsmouth property market since the new year. This has prompted a 18% drop in the supply of Portsmouth homes for sale compared to September 2020. For the […]
Portsmouth Property Market: Is it Time to Stamp Out Stamp Duty?
Most people pay Stamp Duty Tax when they buy a property, house, apartment or other land and buildings over a particular price in the UK. The Chancellor, Rishi Sunak (quickly followed suit by the Welsh and Scottish Governments), announced last July that Stamp Duty was partially being suspended on all English property transactions up to £500,000 […]
14,350 Portsmouth Homeowners to be ‘Unchained’ From Toxic Leasehold Agreements in Biggest Shake-up of Property Law in Decades
When William the Conqueror invaded our fair shores in 1066, like all good kings, he needed to buy loyalty and raise cash to build his castles and armies. He did this by feudal law system and granted all the faithful nobles and aristocrats with land. In return, the nobles and aristocrats would give the King […]
How Will the Brexit Deal Affect Portsmouth House Prices and Your Mortgage Payments?
Christmas Eve brought the news that Boris Johnson had conclusively agreed on a Brexit deal for the UK with the European Union. This gave optimism that the economic turmoil of leaving the EU would be radically reduced, yet what will this ‘trade deal’ do to the value of your Portsmouth home and the mortgage payments you […]
RESIDENTIAL MARKET REPORT – PORTSMOUTH DECEMBER 2020
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As Unemployment Hits 7% in Portsmouth, What Effect Will This Have on the Portsmouth Property Market in 2021?
12 months ago, the unemployment rate in Portsmouth stood at 2.9% of the working population, yet with Coronavirus hitting the UK, what impact will this rise in unemployment have on the Portsmouth property market? As I have discussed a number of times in my articles on the Portsmouth property market, this summer saw the Portsmouth […]
What will happen to the Portsmouth property market in 2021?
In the last few months, the Portsmouth (and UK) property market has resisted and flouted every economist’s prediction. With the economy a shadow of its former self, unemployment set to hit 11.9%, the Government on track to borrow nearly half a trillion pounds to pay for Coronavirus support packages etc., all of this has had […]
RESIDENTIAL MARKET REPORT – PORTSMOUTH NOVEMBER 2020
Download Report Contact us today to find out more.
Long Live the Planning Permission Rule Changes
The 1st July 1948 heralded a new dawn in how property was built, as the Town & Country Planning Act 1947 came into force, meaning no property could be built without the say so of the local authority. Now, Boris Johnson has announced a substantial change to that, by in effect, ending planning permission. […]
What’s happening with the buy-to-let market in Portsmouth?
What’s happening with the buy-to-let market in Portsmouth? …. and should Portsmouth landlords & Portsmouth homeowners be worried? In 2019, the private rented sector accounted for just over four and a half million households or 19.9% of UK households, no change from the year before. Interesting, when compared to the proportion of private rented […]
The Lockdown Landlords of Bristol
Despite Government regulations that have been in place since the 26 March 2020, when in-person viewings were made illegal, Bristol buy to let landlords have during that time been chomping at the bit to build their property empire by looking at buying additional properties for their Bristol buy to let portfolio. There are plenty of investors […]