Category : figures
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Ramsgate Starter Homes Are 42.9% Cheaper Today Than In 1989
Even though the average value of a Ramsgate first-time buyer property has risen by 314.6% since 1989 to £280,940, the monthly payments Ramsgate first-time buyers must make on their mortgages as a proportion of their take-home pay is 42.9% less today compared to 1989. Today, according to the Nationwide Building Society…
09/07/2022 12:00 AM 132
The Shifting Margate Property Market
The Margate 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 Margate 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 and there shouldn't be a housing bubble for two vital reasons.
15/06/2022 12:00 AM 85

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