Beneath the Brexit terror headlines; Medway house prices show annual growth of 11.5%
A few weeks ago I gave you a round up of the Kent Property Market Report. If you didn’t read it, please do. There were a few points I wanted to dig into more, especially the Brexit effect on the Medway market. With the Brexit deadline of 29th March fast approaching, the PM surviving a […]
With an 8.5% drop in house sales but a 4.4% rise in house prices, is Brexit actually affecting our market?
The news is currently crammed full of features about the housing market grinding to a halt over the last couple of weeks and certainly, from what I’ve seen, sales have slowed. One associate who put his house in a lovely village in Medway on the market two months ago, has had only two viewings. Some […]
It’s been an interesting week following the Chancellor’s budget…
Last week I reported on the market situation for first-time buyers following Phillip Hammond’s announcement to scrap their stamp duty; and the week before about the Rochester regeneration project which will bring 1,400 new homes to the area. All was looking positive for those looking to get on the property ladder in Medway. Well, a lot […]
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. […]
