Tag : stats
Buying A Margate Home Is Still £1,131 A Year Cheaper Than Renting
Breaking News: Why Margate First-Time Homebuyers Shouldn't Fear Rising Interest Rates - Find out how you can still save money by buying your first Margate home instead of renting. Click on the link here to read more
28/03/2023 12:00 AM 173
Is It Now Or Never For The Thanet Property Market?
Traditionally, the first four months of the year are usually an estate agents’ busiest time for house sales. However, if the last three years have taught us anything, nothing is 'normal' and 'usual' anymore. The Thanet property market is finding that with the friction of higher mortgage rates and the effects of inflation on household budgets; things are slightly different in 2023 compared to recent years. So, when asked, 'What's happening now in the Thanet property market?’ there is a more complex answer.
12/03/2023 12:00 AM 304
50% Of Thanet House Sellers In 2022 Had Only Been In Their Old Home On Average 4 Years And 27 Weeks
How often do Thanet people move home? Well, it’s a lot less than the 1980’s! Yet, new research shows there is now a two-speed Thanet property market, with the younger generation moving only after a few years, and the older generation in Thanet staying in their homes for decades. In this article, I discuss the implications behind this and how both Thanet homebuyers and house sellers can adopt and adapt to this.
14/02/2023 12:00 AM 123
Inflation - Every Ramsgate Kent Landlords’ Saviour
Thanet Buy-to-Let Landlords. Would it surprise you that inflation can be very useful when it comes to protecting your hard-earned savings and investment? Read the article to find out how here…
06/12/2022 12:00 AM 121
Falling Thanet House Prices The Winners & Losers
The doom and gloom of the national newspaper headlines regarding the UK property market would make you think Armageddon has arrived, this being the second most interesting topic to the Brits (the first being the weather!).
01/12/2022 12:00 AM 130
Some Interesting UK Housing Statistics For October 2022
Here are some extremely interesting UK housing statistics that have been bought to us courtesy of Christoper Watkin. The good news is despite all the negative press and uncertainty the market is relatively stable and good for this time of year.
27/10/2022 12:00 AM 83
Broadstairs’S ‘Generation Stuck’ And Their £1,699M Tied-Up Equity
Many of Broadstairs’s mature homeowners are stuck in their oversized homes. Their children flew the nest years ago, yet they are unable to find suitable Thanet properties to move to. Broadstairs’s ‘Generation Stuck’ are holding back those younger Grantham ‘Generation Renters’ move into the larger homes they need. What is the answer to this problem? Read the article here….....
11/08/2022 12:00 AM 72
Margate Property Prices Have Risen By 540% Since 1995
Is it a seller’s or buyer’s Margate property market? In this article, I discuss this and how things are beginning to change in Margate Also, that there are in fact many Margate property markets and how savvy home buyers can spot bargains by following certain trends. Read the article here.
20/07/2022 12:00 AM 90
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 135
31% Of Thanet Property Sellers Reduce Their Asking Prices
• 437 of the 1,409 properties on the market in the Thanet area have had a price reduction in the last 3 months. • The average reduction has been 5.1% of the original asking price. • This is great news for Thanet home buyers and Thanet buy-to-let landlords, strangely Thanet house sellers as well.
27/06/2022 12:00 AM 102

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