Property Insights

Thanet Property Market Review: The November 2024 Update

Discover the latest trends in Thanet's property market for November 2024, with insights on average home prices in Margate, Broadstairs, and Ramsgate. Cooke & Co’s property market review provides valuable information to guide your decisions, whether you’re buying, selling, or simply interested in local property values.

13/11/2024 1637

Thanet's Unprecedented £5.08 Billion Legacy: Navigating Through The Generational Wealth Maze

As spring 2024 unfolds, Thanet faces a £5.08 billion Baby Boomer inheritance. But with Gen X and Millennials at the crossroads, can this windfall address their housing and retirement dreams amidst rising healthcare costs?

04/04/2024 2486

Shocking Thanet Property Shifts You Won't Believe!

Discover how Thanet's property market has dramatically transformed since 2008. Margate, Broadstairs, Ramsgate - the changes are astounding. Dive in for a quick, eye-opening read!

11/03/2024 2628

Thanet's Mortgage Rate Drop: A Beacon Of Opportunity In 2024'S Housing Market

Discover how Thanet's unexpected mortgage rate decrease is reshaping the local housing scene, offering a silver lining for homeowners, landlords, and first-time buyers alike. This blog examines the impact of these financial shifts, revealing the potential for savings, increased affordability, and revitalized market activity in the vibrant coastal communities of Margate, Broadstairs, and Ramsgate.

26/02/2024 2363

STOP PRESS! Rising Mortgage Rates: Impact On Thanet Homeowners

Today’s increase in Bank of England rates has sent ripples of concern among Thanet homeowners, particularly those with impending remortgages or seeking new deals. The decision by the Bank to raise rates by 0.5% has sparked discussions about the potential consequences and the steps Thanet homeowners should consider taking.

22/06/2023 3083

Impact Of Base Rate Increases On The UK Property Market.

As a property agent with over 30 years of experience, I believe that the consecutive increases in the base rate can be attributed to several factors, including the Bank of England's response to inflationary pressures and the use of quantitative easing. Let's find out more in my article.

11/05/2023 3481

Mortgage Overpayments , How To Increase The Equity In Your Thanet Home

Mortgages are dull. Let’s be honest. They’re huge commitments, they’re complicated to arrange and in the current climate, it’s understandable if the thought of a mortgage gets you a bit jittery. Putting rising interest rates to one side (easier said than done) and ignoring the doom and gloom news we’ve been exposed to over the last few months, it’s time to talk about mortgage overpayments. What are they? Are they a good or bad thing? In this four-minute read, we explain the ins and outs of overpayments.

18/12/2022 3299

Mortgage Update: What Homeowners And Buyers In Thanet Need To Know

Here are five tips to help mortgage hunters find the best deal in the current market. With inflation and interest rates rising and so much uncertainty in the market, choosing the right mortgage deal in the current climate can be daunting. While no one has a crystal ball to predict exactly what will happen over the next 12 months, Cooke & Co’s financial advisers suggests you follow these five common-sense rules* when looking for a mortgage.

15/12/2022 2575

Will The Cost-Of-Living Crisis Mark The End Of The Booming Thanet Property Market?

Thanet property prices have increased by 27.8% over the last two years. Thanet house prices have risen on the back of several things, including changes in how people see their homes and how they live and work (i.e. working from home), a lack of properties on the market and government tax incentives (the stamp duty holiday in 2020). Yet, the tide could be beginning to turn as the number of houses coming on the market is increasing as supply is starting to catch up with demand - in Q1 2022, 389,811 properties came onto the market in the UK compared to 425,295 in Q2 2022. One would typically expect Q1 to be larger than Q2 in average years. Yet some commentators are saying one thing that could stifle this growth is the cost-of-living crisis.

03/08/2022 4127

The 6 Reasons Thanet 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 Thanet property could help you 'hedge' against inflation and protect your savings and wealth against the possible recession.

31/05/2022 3176

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