There is a quiet unspoken problem sitting inside the Melksham property market. In the last two years, only 64.78% of the homes that came on the market have ended up selling. Meanwhile, the remaining 35.22% of Melksham homes, they didn’t sell. They simply sat, drifted, reduced, and eventually disappeared from the market unsold. That gap is not…
When Britain voted to leave the European Union on 23rd June 2016, many predicted the UK housing market was heading for trouble. Then Chancellor, George Osborne, warned house prices could fall by as much as 18%. Economists talked about collapsing confidence, falling…
For much of the last two decades, bungalows have quietly slipped out of fashion. Overshadowed by those glossy new build developments, three storey townhouses and open plan ‘modern living’, they became seen by many as somewhere only your granny lives rather than an aspirational home move. Yet while much of the property…
Since the mid 2000s, Britain has been told the same bad news housing stories. Young people have been locked out of homeownership. Deposits are impossible to save. Mortgage rules are too strict. And ‘Generation Rent’ is now permanent. According to the narrative by the newspapers,…
Across the UK and here in Melksham, the property market remains surprisingly active despite the issues at home and abroad. House prices are steady, buyers are still being selective, and the market itself is evolving. While the headline is eye catching, this is not simply a story of rising numbers of…
If you are a homeowner or landlord in Melksham and thinking about selling in the coming months, one question tends to rise above all others. How long is this going to take? It is a fair question. Moving home is not just…
For decades, the flat was the natural starting point for many first-time home buyers. The first rung of the ladder. The affordable option. The stepping stone to something bigger. For landlords, it was a dependable investment. For first-time buyers, it was often the only way in. That…
There is a growing shift taking place in the Melksham property market, and it is not one that can be ignored. While much of the national conversation focuses on house prices and interest rates, a quieter yet more revealing metric is beginning…
Are you contemplating moving home in Melksham during the next 9 months? You may be a Melksham landlord wondering whether you should grow your portfolio or sell off a few properties? Or you're a Melksham first-time buyer considering if now is the best time to move? Understanding whether the current property market favours buyers or sellers is key to making the right call. If…
The latest figures from the Office for National Statistics (ONS) suggest something rather unexpected. After years of worsening affordability, the picture has begun to improve. Wages have risen faster than house prices since 2021, nudging the headline affordability ratios in the right direction. On…