Plain-English advice on buying, selling, letting and renting on the Kent coast, written by the people who do it every day.
With most Ramsgate families home schooling their children in lockdown and the forthcoming stamp duty holiday deadline on the 31st March 2021, less Ramsgate properties have been coming onto the Thanet property market in the since the New Year. This has prompted a 20% drop in the supply of ramsgate homes for sale compared to October 2020. Whats Next
Read the articleHow will the Brexit deal affect Thanet house prices and your mortgage payments on your Thanet home? With Boris Johnson conclusively agreeing a Brexit deal for the UK with the European Union just before Christmas. How will this affect mortgages and house prices
Read the articleHow wealth is distributed will always be a contentious issue, especially as the Baby Boomers (those aged between their late 50’s and late 70’s) wealth has grown exponentially over the last 20 years, compared to the wealth of the younger generation.
Read the articleAs we approach the end of the year and look ahead to a new season in our lives, we start to make resolutions and goals to make the next year our year. High on the list every year is to find and move into a dream home, and 2021 could be the year you make this a reality…
Read the articleAs Unemployment hits 10.3% in Thanet, what effect will this have on the Thanet Property Market in 2021? 12 months ago, the unemployment rate in Thanet stood at only 2.4% of the working population, yet with Coronavirus hitting the UK, what impact will this do to the value of your Thanet home or the rents you pay as a tenant? Read to find out.
Read the articleWith the second lockdown starting on the 5th of November 2020, does this mean Thanet landlords can wave goodbye to their Thanet buy-to-let investment and see it go up in smoke on the bonfire of buy-to-let dreams, like a Guy Fawkes puppet? With many Thanet tenants at risk of losing their jobs after the furlough scheme ends in March?
Read the articleWith the banks reducing the number of low deposit mortgages since Covid-19 hit in the Spring, this has meant that the number of Thanet first-time buyers has been decreasing quickly, obligingly many of those would-be Thanet buyers wanting to make the first step onto the Thanet property ladder choose to stay in the Thanet rental sector.
Read the articleLooking back at the Thanet property market for 2020, it certainly can be seen as a frenetic game of two halves, albeit with a very long half time in the spring. Between the General Election in mid-December and Christmas, many Thanet agents saw an unusually higher uplift in activity in the property market just as we were getting ready for Christmas
Read the articleWith tax bills about to go through the roof, is this the time toleave the Margate buy to let property market?
Read the articleWith a no deal Brexit on the horizon, the end of the Stamp Duty holiday in March, mortgage payment holidays coming to an end, unemployment set to rise after furlough and ongoing on/off coronavirus restrictions ..what will this do to the Thanet property market and the value of your Thanet home?
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