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Portsmouth Homeowners £1,047,060,300 Windfall Since 2014
In the latest, and most recently published, set of UK mortgage data (for the month of November 2019) 18,470 pound-for-pound re-mortgages were made (i.e. the borrower went from one rate to another with no additional borrowing). However, since the 1970’s, the British have seen their homes as cash cows and cash machines, with many homeowners […]
Portsmouth Landlord’s £32.5m Tax Bill
I am asking Penny Mordaunt and Stephen Morgan the Conservative and Labour (respectively) MP’s for Portsmouth North and Portsmouth South to remind the Chancellor Sajid Javid and Prime Minster Boris Johnson to use their persuasive skills to highlight and take a more holistic approach and attitude to the private rented sector and tackle issues which affect […]
Get Ready To Buy
You’ve been putting what you can in savings for what feels like forever but suddenly it becomes a reality and owning your first home is just around the corner, but what can you do to make the final steps of the journey as easy as possible? I’ve compiled a short list of things you can […]
Bristol Property Market … the Rollercoaster of the last Decade
Ah the 2010’s, the tens, the teens – I am not sure what we are supposed to call the decade that has just gone. No matter what it was called, the last decade was a tough one, so does it really matter that we never really got around to giving it a name? Some might say, […]
Will There Be a ‘Boris Bounce’ For the Bristol Property Market?
The Halifax announced in early January that there was a Boris Bounce in the national property market as they stated national property values soared 1.7% in December 2019 – the biggest rise since the 1.9% month on month rise in February 2007 (a few months before the Global Financial Crisis aka the Credit Crunch). Get […]
A decade in the Portsmouth property market
What has happened to the local Portsmouth property market in the last decade? The average Portsmouth property has risen in value from £165,400 to £240,900 in the last 10 years … meaning each Portsmouth homeowner has seen a profit of £145.19 per week for those last ten years. Rolling the clock back to the start […]
Is the Portsmouth property market bouncing back?
The Halifax announced in early January that there was a bounce in the national property market as they stated national property values soared 1.7% in December 2019 – the biggest rise since the 1.9% month on month rise in February 2007 (a few months before the Global Financial Crisis aka the Credit Crunch). The Halifax […]
OK ‘Bristol’ Boomer
Bristol House Prices Have Risen by 181% as a Proportion of Household Income Since 1980 Have the Baby Boomers (people between the ages of 55yo to 75yo) messed things up for the Millennials in terms of getting on the Bristol property ladder? They bought their own council houses in the 80’s and 90’s, meaning there […]
BRISTOL RESIDENTIAL MARKET REPORT – DECEMBER 2019
Welcome to the December market report, where we cover the following topics. 204,727 People Live in Rented Accommodation in Bristol That number surprised you didn’t it? With the General Election done, I thought it time to reflect on renting in the manifestos and party-political broadcasts and ask why? As the best way to tell the […]
PORTSMOUTH RESIDENTIAL MARKET REPORT – DECEMBER 2019
Welcome to the December market report, where we cover the following topics. 94,789 People Live in Rented Accommodation in Portsmouth That number surprised you didn’t it? With the General Election done, I thought it time to reflect on renting in the manifestos and party-political broadcasts and ask why? As the best way to tell the […]
204,727 People Live in Rented Accommodation in Bristol
That number surprised you didn’t it? With the General Election done, I thought it time to reflect on renting in the manifestos and party-political broadcasts and ask why? As the best way to tell the future is to look at to the past, so we decided to look at the number of people who rented […]
The £1.1 billion mortgage debt of Portsmouth homeowners
Irrespective of the shenanigans and political goings on in Westminster recently, the housing market (for the time being anyway) shows a striking resilience, fostered by the on-going wide-ranging monetary policy by the Bank of England. With interest rates and unemployment low, UKplc is heading into 2020 in reasonable condition. Additionally, despite the UK’s new homes industry improving […]