Predictions for 2020 and a review of 2019
Hello readers, first of all may I wish you all a Merry Christmas and Prosperous New Year! It’s been a challenging year for property investors and letting agents. We were hit with several difficult pieces of legislation such as the Fitness for Human Habitation act and the Letting Fees Ban, not to mention all the […]
A lot of news in a little month – here’s the latest from the property world
So it’s been a little while since my last update. Unfortunately I suffered an injury a few weeks ago that has prevented me from undertaking a lot of my normal day-to-day activities. But the good news is that I’m on the road to recovery. It’s been incredibly hard to sit back and take time out, […]
Buying a house in the Medway towns? First timers and buy-to-let investors, here’s some facts you might like to know.
I was at the Medway Business Awards on Friday night and was chatting to one of the leaders of the Medway Regeneration Project. We were discussing the huge salaries required to buy a house in each Kent town. It piqued my interest to say the least. I had a look online at a tool oddly […]
What does the interest rate rise mean for the rental market?
Incase you missed it, The Bank of England raised the base rate from 0.25% to 0.5% this week. The base rate is the Bank of England’s official borrowing rate, which influences what borrowers pay and savers earn. The base rate has remained fairly static over the last decade, with 0.25% being the lowest on record. […]
Employment and house prices are on the rise in Medway
It’s been another busy week for me. One of the highlights was meeting and chatting with some young people about employment opportunities. Unemployment is always a hot topic and it was interesting to hear from those just starting out in their careers. Some are still in full time education and want to find part time […]
INVESTORS: 6% yield on two-bed terraced house in Rochester
Today was Budget day, and if you happened to follow the chancellor George Osborne’s statement you would have heard about the raft of incoming changes, from Crossrail 2 to Capital Gains Tax. For a summary of the key points you can read a BBC news report here. But today I am posting to you, my Medway […]
£400m Rochester Riverside development to bring hundreds of homes to Medway Property Market
I’m on the train right now to London City airport for a weekend break to The Hague to see my sister. As my view flitted past Rochester Castle and Cathedral, I pondered the future of the Medway property market. Rochester in particular is certain to be changing as the Rochester Riverside £400m development has just […]
Luton Road’s property market outperforms Priestfields, Rochester by 82%
I’m in a nostalgic mood today after walking my dogs up Maidstone Road Rochester and retracing the route that I used to plod along as a teenager up to Rochester Mathematical School (or ‘The Math’, as we know it). Being a local lad, I can’t help but admire the beautiful houses along Priestfields, not far […]
South East million pound properties set to triple by 2030
Today I was helping a client who is considering selling his property in Chatham, but is now having second thoughts after I explained how to uplift his rental income by more than 50%. Having such a high rental yield is vital in this ever-changing property market. At a time when panic is setting in due […]
How conservation and overpopulation are affecting Medway house prices
The UK, along with the rest of the world, is suffering from a longstanding problem of a rapidly increasing population – this grew from 58.89 million people in 2000 to 64.1 million in 2016. A pleasant place to reside and with a good healthcare system, economy and civil rights the UK is always a hotspot […]
