Category : houseprices
53.5% Of Thanet Properties Were Bought With A Mortgage In The Last Ten Years
With Thanet homeowner’s mortgages at an all-time high, could the record levels of mortgages that Thanet people take out cause another property crash like they did in 2008/9? In this article I look at how Grantham people have been buying their houses and how exposed the Thanet property market is to rising interest rates. The findings will surprise you. Click here to find out why.
03/07/2022 12:00 AM 0
31% Of Thanet Property Sellers Reduce Their Asking Prices
• 437 of the 1,409 properties on the market in the Thanet area have had a price reduction in the last 3 months. • The average reduction has been 5.1% of the original asking price. • This is great news for Thanet home buyers and Thanet buy-to-let landlords, strangely Thanet house sellers as well.
27/06/2022 12:00 AM 0
Margate Homeownership Rockets By 1,228 Homes In The Last 5 Years
The Margate housing market over the last five years has behaved oddly. Margate house prices are 23.7% higher than in 2017, even though during those five years, the British economy had the uncertainty of Brexit and the massive fall in GDP during the pandemic. Yet, a less observed trend is that the net number of homeowners in Margate has risen by 1,228 households, a jump of 3.7%. Why has growth in homeownership happened, and what does it mean for Margate's existing homeowners (and landlords)?
22/04/2022 12:00 AM 0
Ramsgate Homeowners Pocketed £218K Each In The Last 20 Years
Since 2001, UK average house prices have risen by an astonishing 187.2% across the UK, while in London the figure is 247.6%. Looking back at the people that bought in those first few years of the new Millennium. What effect has it had on them.
25/01/2022 12:00 AM 0
What Will Happen To The Thanet Buy To Let Market In 2022
Thanet Landlord? What is the future of the Thanet Buy-To-Let Market in 2022? What will happen to rents in Thanet? And Thanet house prices? What about the new landlord and tenant law changes?
19/01/2022 12:00 AM 1
What Will Happen To Ramsgate House Prices In 2022?
Traditionally, if you had not sold your Ramsgate home by the first week in November, you would normally have to wait for the house sellers to return in the famous Boxing Day rush on the portals (Rightmove, Zoopla etc) to get potential buyers interested.
24/12/2021 12:00 AM 0
Margate House Prices - The Effect Of Rising Inflation
House prices tend to rise with inflation, so with the UK annual inflation hitting 4.2% last week, that’s good news, isn’t it? Yes and no – let me explain what it means for Thanet, and in particular, Margate homeowners.
29/11/2021 12:00 AM 0

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