The UK is currently experiencing its highest inflation rate since the early 1990s. This increase in prices has primally come about by the combination of an increase in demand for goods and services from consumers following lockdown last year together with global supply chain disruptions.

Traditionally, if you had not sold your Ramsgate home by the first week in November, you would normally have to wait for the house sellers to return in the famous Boxing Day rush on the portals (Rightmove, Zoopla etc) to get potential buyers interested.

The Housing Minister, Chris Pincher, has suggested older homeowners are “rattling around” in their homes as they are too big for them. He implied they are selfish and should sell up and move to a retirement home when he spoke to a committee in the House of Lords.

House prices tend to rise with inflation, so with the UK annual inflation hitting 4.2% last week, that’s good news, isn’t it? Yes and no – let me explain what it means for Thanet, and in particular, Margate homeowners.

The number of properties for sale in Broadstairs has fallen by 54% since this time two years ago (October 2019). One of the reasons is that many Broadstairs buyers feel overwhelmed and fearful they will be made homeless if they sell their home and can’t buy another. So, I have decided to look again at the facts and give them to you in greater detail

Thanet landlords are becoming progressively more self-assured about expanding their rental portfolios; as Thanet rents rise, mortgage interest rates fall and demand for decent Thanet rental properties outstrips supply.

A recent report by Legal & General stated that, since the pandemic, many older homeowners had put their plans to move home 'on ice'. It said that fewer OAP homeowners are planning to downsize from their large family homes after the pandemic made them realise the actual value of their local community and space.

With Rightmove announcing a national drop in average asking prices in August, some are asking if the steam has been let out of the Thanet property market? Hang on though Broadstairs prices have risen by 2%.

With Ramsgate homes only taking 25 days to sell, there are many stories of people missing out on properties before they come onto the market. Yet, many Ramsgate home buyers are missing out because they fail to do this one simple thing. If you know of anyone looking to move home in Ramsgate in the coming 6 to 12 months, then tag them on socials.

Many Ramsgate buy-to-let landlords fell into property investing by accident. Many didn’t want to sell their family home when the Ramsgate housing market crashed in the Credit Crunch of 2009/10, but still needed to move. Now they have become serious buy-to-let investors. What is the best way to finance them?