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PORTSMOUTH RESIDENTIAL MARKET REPORT – OCTOBER 2020
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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 […]
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 […]
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 […]
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 future is to look at to the past, so we decided to look at the number of people who rented […]
Portsmouth Property Values 0.1% Higher Year-on-Year
Portsmouth Property Values 0.1% Higher Year-on-Year It seems that quite a few Portsmouth homeowners and Portsmouth landlords have become acclimatised to living with the uncertainty of Brexit throughout most of 2019, as figures show many of them decided to get on with living life, started reinvesting their money into Portsmouth property and buying and selling […]
How’s The Market? November 2019
Welcome to the November edition of ‘How’s the Market?’ – the free monthly article focused on informing local residents about everything property related in Portsmouth and the surrounding areas. This month’s article is completely focused on buying properties and is packed with some great advice for first time buyers, those considering moving to their next […]