Every few weeks, another headline appears warning that house prices are about to crash. The reason changes each time. One month it is mortgage rates. The next it is inflation. More recently, geopolitical tensions and uncertainty in the Middle East have…
As an agent in the Melksham property market, I believe it is important to offer local homeowners a balanced and realistic view of both the Melksham and national property markets. Far too often in the last few years, national newspaper and social media headlines have focused on doom and gloom, creating the impression that the housing market…
The Melksham property market can often feel far more active than it really is. Every week, new for sale boards appear outside people’s homes on your street. You tell yourself, ‘They have only been in that house for a few years’, so of course, you go on…
For some homebuyers, the kitchen is the deal maker. For others, it is the number of bedrooms, the school catchment or the distance to the railway station. Yet for a sizeable group of buyers, the garden matters just as much as the…
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…