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Blog
70% of Properties Were Bought With a Mortgage in the Last Ten Years
Could the high levels of mortgages that people take out cause another property crash? Many homeowners and landlords have been contacting us recently and asking what will happen to the property market? More specifically, will we have a repeat of the 2008/9 Credit Crunch property crash? High mortgage payments were one of the critical catalysts […]
Is the Portsmouth property market returning to equilibrium?
28.9% of Portsmouth property sellers reduce their asking prices as the property market equilibrium starts to return… 173 of the 599 properties on the market in the Portsmouth area have had a price reduction in the last 3 months. The average reduction has been 6.2% of the original asking price. This is great news for […]
5 signs it’s time to sell your home
On average, we stay in our homes for around 12 years yet Covid saw a surge in people wishing to make that change sooner, although this is slowing a little today. The decision to sell your home can be for a variety of reasons: it could be something that you have been considering for some […]
The Shifting Property Market
The property market is on the verge of a ‘tipping point’. The rate of house price growth has started to ease with a reduction in the number of properties that will sell in the coming 12 to 18 months. Yet, rising interest rates, and the cost-of-living issues won’t knock everybody out of the property market […]
How home ownership affects you and your future
June has already brought us a flurry of celebrations, especially if you have joined in with all the jubilee festivities. June is also the start of many lovely things, such as warmer weather, longer days, summer holidays and also National Homeownership Month in the US. Although we may not share this monthly celebration in the […]
The 6 Reasons Portsmouth Rental Properties Could Inflation Proof Your Savings
Inflation (and recessions) can be nerve racking for people and their hard-earned savings and wealth. Yet there are six reasons which make investing in private rental properties a potentially wise investment in these changeable times. This article looks at how investing in Portsmouth property could help you ‘hedge’ against inflation and protect your savings and […]
Will the cost of living crisis affect house prices?
There is a wealth of uncertainty at the moment, and one of the major worries for households up and down the country is the impact of the cost of living crisis. Everyday essentials have risen astronomically, everything from fuel to food and energy, and therefore you may have heard a variety of different opinions on […]
How to prepare your home for a viewing
The viewing is where the magic happens, the time where potential buyers, who have bottled up their hopes and dreams, get to experience the reality of your home. No doubt, they will have devoured the photographs, been addicted to the video and scrutinised the floor plan, which is why your property has made their cut […]
NEXA Have Been Shortlisted For The ESTAS 2022!
We are thrilled to have achieved the ‘Standard of Excellence’ to make The ESTAS shortlist for 2022! The team have been recognised for delivering outstanding customer service to its clients, making the shortlist of The ESTAS – the biggest award scheme in the UK residential property industry. The ESTAS honours the best, agents, conveyancers and […]
Has the Property Market Peaked? Should you buy now or wait for the bargains…
• Many commentators believe we have seen the peak of the property market. • So, should savvy bargain hunters wait for house prices to fall? • Or could postponing your house buying for any anticipated house price drop be a costly mistake? Over the last two years, the property market has been a rollercoaster ride […]