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Showing Category: Coronavirus
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 Cardiff property market in 2021?
In the last few months, the Cardiff (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
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Should I keep my property on the market this winter in Cardiff?
We are coming to the end of this crazy, crazy year, and although you have already made the decision to move, you might be thinking, do I really need the hassle over the next few weeks? Not only do you have the lockdown constraints, but you are having to work out your Christmas bubble. So […]
How to escape the worst of the coronavirus downturn on their Cardiff rental property.
With the second lockdown starting on the 5th November 2020, does this mean Cardiff landlords can wave goodbye to their Cardiff buy-to-let investment and see it go up in smoke on the bonfire of buy-to-let dreams, like a Guy Fawkes puppet? With many Cardiff tenants at risk of losing their jobs after the furlough scheme […]
How to make the most of the national lockdown in Bristol
A walk through Bristol City Centre right now is a heart-breaking sight: the shops are shut except for take away or click and collect, and the streets are deserted. Working from home, for many, has become the norm as we buckle down to another lockdown. Morale may not be the best in your home, but […]
Bristol House Prices 2021: What will happen to the value of your Bristol home next year?
What will a no deal Brexit on the horizon, the end of the stamp duty holiday in March, mortgage payment holidays coming to an end, unemployment set to rise after furlough and ongoing on/off coronavirus restrictions do to the Bristol property market and the value of your Bristol home? In the late spring of 2020, […]
‘Generation Rent’ to Become ‘Generation Buy’?
Boris Johnson has attracted both praise and horror in equal measure with a new plan for 95% mortgages to help beleaguered first time buyers to get on the property ladder, but would that expose UK taxpayers to too much risk? In this article I discuss the implications of what that would mean both nationally and […]
Bristol OAP Homeowners to Face Coronavirus Tax Bill?
The Government is on track to borrow £400bn because of Coronavirus and that needs to be paid back at some stage. Last year alone, before Coronavirus, the Government brought in £824 billion in taxes whilst they spent £887 billion, meaning they had to borrow £63 billion. In fact, the last time taxes were higher than […]
Portsmouth OAP Homeowners to Face £17,456 Coronavirus Tax Bill?
The Government is on track to borrow £400bn because of Coronavirus and that needs to be paid back at some stage. Last year alone, before Coronavirus, the Government brought in £824 billion in taxes whilst they spent £887 billion, meaning they had to borrow £63 billion. In fact, the last time taxes were higher than […]
Portsmouth Property Market – the Last 10 Years
One of my Portsmouth landlords contacted me last week from Fareham, after he had spoken to a landlord friend of his from Cosham. He told me they were deliberating the Portsmouth property market and neither of them could make their mind up if it was time to either sell or buy property following Covid-19. His […]
How coronavirus has changed Bristol homebuyers’ priorities
Life has a funny way of showing us what’s important, and the coronavirus pandemic and recent research has shown that homebuyers’ priorities have certainly shifted in Bristol. Your home will have been a crucial factor in determining your experience of this crisis; it’s not only been your home, but possibly your place of work, and […]