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.

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…

• 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.

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.

Well, what a Jubilee weekend that was! Celebrating the 70 glorious years of our Queen. Looking back at the housing market during this time, what has changed since 1952, especially regarding Ramsgate property? What did a mortgage cost a typical Ramsgate homeowner then and, was it cheaper to buy a house then than today? Can you guess what an average Ramsgate home cost in 1952? Find out here..

Should you buy now or wait for the bargains? • Many commentators believe we have seen the peak of the Broadstairs property market. • So, should savvy bargain hunters wait for Broadstairs house prices to fall? • Or could postponing your house buying for any anticipated Broadstairs house price drop be a costly mistake? Over the last two years, the Broadstairs property market has been a rollercoaster ride of hyperactive demand together with the new sport of getting your offer accepted when you compete with 30 other bidders.

The Margate housing market over the last five years has behaved oddly. Margate house prices are 23.7% higher than in 2017, even though during those five years, the British economy had the uncertainty of Brexit and the massive fall in GDP during the pandemic. Yet, a less observed trend is that the net number of homeowners in Margate has risen by 1,228 households, a jump of 3.7%. Why has growth in homeownership happened, and what does it mean for Margate's existing homeowners (and landlords)?

1,658 homes in the Thanet area are empty, which represents 1 in 42 homes. 1,129 of those have been empty for more than six months and are worth £318million. Why are those properties standing empty and deteriorating and why could that become an issue for the whole of Thanet?

Since 2001, UK average house prices have risen by an astonishing 187.2% across the UK, while in London the figure is 247.6%. Looking back at the people that bought in those first few years of the new Millennium. What effect has it had on them.

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.