Inflation, interest rates, house prices down, house prices up ... the newspapers are full of column inches on Brit’s second favourite topic - the property market (the first being the weather obviously!). Those of you that read my articles on…
The Chancellor Jeremy Hunt announced on Wednesday lunchtime a series of changes in his Autumn Statement. These changes, though not revolutionary, are set to benefit various sectors of the Melksham property market, including private renters, landlords and first-time buyers. One…
Understanding House Surveys in the UK: Responsibilities, Types, and Differences When embarking on the substantial investment of buying a home, it's crucial to ensure that your purchase is sound and worthwhile. This is where house surveys come into play, offering…
In the ever-changing landscape of the Melksham property market, predicting future house price trends can be akin to navigating a labyrinth. The past two years have witnessed unprecedented upheaval, primarily due to fluctuating interest rates that significantly impacted household finances,…
The 2024 Property Market will be better! This is the key message from proud business owner, Nigel Fitzgerald, in our November 2023 Property Market Comment. As always, if you would like to speak to Nigel about selling your home, either…
Today’s drop in UK inflation to 4.6% from 6.7% in September has several implications for the Melksham property market: Mortgage Rates and Housing Market Sentiment: The drop in inflation is expected to influence the Bank of England's decisions regarding interest…
The UK's property market landscape has experienced a significant shift over the last couple of years. In October 2021, there were 424,809 properties for sale in the UK. That now stands at 664,780, a rise of 56.5%. Looking at the…
Welcome to the November 2023 property market comment. We’ve just heard from the Halifax and the Nationwide that average house prices surprisingly rose by around 1% last month, reducing the annual rate of decline to about 3%. This might seem…
Entering the world of property negotiation can appear intimidating, especially for those unfamiliar with the intricacies of the Melksham property market. However, with a few expert tips, you can navigate the terrain and potentially secure your Melksham dream home at…
The Bank of England has held the interest rates at 5.25% for the second consecutive time. This decision, welcomed by many, especially hints at a semblance of stability for homeowners and prospective buyers in Melksham. The widely anticipated move came…