Does the new Innovation Park Medway boost reasons to invest in Medway?
It’s all over the local news – the new Innovation Park at Rochester Airport is ploughing ahead. But what we should really focus on is the 1,300 jobs this will create. Because what do jobs mean? Prizes (well, income) for property investors. The park is aiming to be the prime Medway location for high-quality technology, […]
Historic Rochester may be steeped in history, but why else should investors be interested?
The inspiration for many Charles Dickens novels, Rochester is fairly used to the limelight as it regularly features in historic town reviews. But a fair appraisal of the property in our historic town is that the market is actually incredibly diverse and will continue to expand over the next decade. History dating back to the […]
Medway Property News review of the year
I’m spending Christmas and New Year in Cyprus this year. I spent most of my summer holidays as a teenager growing up there and so know the island well. Property prices have taken a hit badly there due to the recession and people who want to sell are really struggling. It’s a buyer’s market, so […]
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. […]
