The Government has taken a significant step towards abolishing leasehold properties in England and Wales, introducing a white paper that proposes making commonhold the default tenure for flats and apartments. The reforms, which aim to phase out leasehold for the…
Buying or selling a home is often one of the most significant transactions people make, yet the process in England and Wales remains frustratingly slow. You find the home of your dreams, you make an offer, it is negotiated, and…
Are you a Melksham homeowner considering a move in the next six to twelve months? Perhaps you're a buy-to-let landlord weighing up whether to expand or streamline your portfolio? Or maybe you’re a first-time buyer wondering if now is the…
Last week, the Bank of England's interest rate dropped to 4.5%, marking its third cut in under a year. This decision follows a previous reduction in November 2024, with the rate remaining unchanged in December. While most of the Bank’s…
If you’re a homeowner in Melksham thinking of selling your property, you have probably wondered how long it will take to find a buyer. The timeline for selling a home varies depending on factors such as property type, price, and…
When browsing property portals, many people wonder why some Melksham homes linger on the market far longer than others. It’s easy to assume there’s something wrong - an issue with the property, an inflated asking price, or a lack of…
Stamp duty originated in the 17th century when duty stamps could be purchased and attached to a transactional document to prove that any tax due on the transaction had been paid. Today, tax relating to the purchase of land is…
The issue of new housebuilding in the UK stirs strong emotions. Many believe their local areas are turning into construction zones, with too many homes being built, disrupting the character of towns and villages. But is this perception grounded in…
An analysis of last year’s property market and what will happen in 2025? As an experienced estate agent based in Melksham, I like to monitor the UK and Melksham property market trends. Therefore, I will start by analysing the 2024…
On behalf of the team here at Lock & Key in Melksham, may we be the first to wish you a Happy New Year! Here's Nigel with a heartfelt New Year message for anyone in Melksham who is thinking of…