Headline leads with: ‘Endemic’ property transaction crisis?
January 3, 2019
So a property sales endemic, a disease or condition that translates out as, so the Daily Mail put it as.
With property sales down in 2018 by around 2.5% overall with a good two thirds of regions across the UK seeing flat or a reduction in sales (Stevenage saw a 27.5% drop), it is certainly a negative time for sellers and despite the likes of help to buy and low mortgage interest rates still.
Is it purely that the stock is so low or that prices are too high, maybe Brexit looming is causing panic?
You May Also Enjoy
5 Reasons to Invest in an Airbnb on the Isle of Wight
The Isle of Wight is one of the UK’s most beloved holiday destinations, offering stunning coastal views, historic sites, and a relaxed island lifestyle. With the rise of staycations and the increasing popularity of short-term rentals, investing in an Airbnb on the Isle of Wight presents a lucrative opportunity. Whether you’re a seasoned property investor…
Read More 
25,000 first-time buyers set to miss stamp duty deadline and complete in April
Over 25,000 first-time buyers in England who are currently going through the process of legally completing on a property purchase are predicted to miss the stamp duty deadline on March 31st, and complete in April Nearly 74,000 movers in England in total are set to miss the deadline and complete in April, with a collective…
Read More
How Property Part Exchange Works: A Step-by-Step Guide
When it comes to selling your home and buying a new one, the process can often be complex, stressful, and time-consuming. However, property part exchange offers a convenient solution for homeowners looking to move without the hassle of a traditional sale. In this guide, we’ll walk you through how property part exchange works and why…
Read More 
Understanding the Decent Homes Standard: What Landlords Need to Know
As a landlord, ensuring your rental property meets the Decent Homes Standard is essential for maintaining compliance, keeping tenants satisfied, and protecting your investment. With evolving regulations and increasing tenant expectations, landlords in Banbury must stay informed about their responsibilities. Whether you’re new to the rental market or a seasoned investor, understanding these standards can…
Read More 
The Ultimate Checklist for Preparing Your Home for Viewings
Selling a home is an exciting journey, but to attract potential buyers and secure the best offers, it’s essential to present your property in its best light. Whether you’re selling through Belvoir or looking to attract renters, a well-prepared home can make all the difference. Follow this ultimate checklist to ensure your home is ready…
Read More 
Families can move up the property ladder by paying 1% more in this city
Families in Suffolk can take a significant step up the property ladder with minimal financial stretch, as the team at Suffolk Pocket Door Company reveal that upgrading from a terraced house to a semi-detached home in West Suffolk costs just 1% more on average. Here Carl Benson, owner of Suffolk Pocket Door Company comments. Why…
Read More