Take Advantage of the Leap Year
This year is a leap year – the 29th February only occurs every four years – which is about as frequently as many people used to move house during the heady days of property speculation that sparked the boom market…
Melksham and UK First-Time Homebuyers: A Tale of Rising Fortunes
As the heartbeat of the UK's property market quickens, first-time buyers in Melksham and across the nation have witnessed a remarkable evolution in housing affordability from 2015 to 2023. The average price paid by those stepping onto the property ladder…
The Future of the Melksham Buy-to-Let Market in 2024
The UK's property market is facing a significant challenge as the availability of homes for rent has plummeted to its lowest level in five years, exacerbating the difficulties tenants face in finding affordable accommodation. This alarming trend was highlighted in…
1 in 6 Retirees Renting in Retirement
In the ever-evolving UK housing landscape, renting is not just for the young. In fact, just under 1 in 6 retirees (975,230 of the 6.36million retired households) live in private rented accommodation. The golden years are seeing a surprising trend…
House Sales Up 14.8% on 2023 as Mortgage Rates Fall
Yet is it a sellers’ market in Melksham? The number of agreed UK property sales until the last Sunday of January (28th) is 8.35% higher than a year ago. Tumbling mortgage costs have encouraged buyers and sellers to return to…
Is 2024 a Good Time to Sell Your Melksham Home?
As a seasoned estate agent serving the Melksham community, I've always prided myself on offering transparent, informed advice to local homeowners. Today, I'd like to provide a balanced perspective on the current housing market trends and what they could mean…
The UK Property Market in 2024: A Robust Start with Implications for Melksham
As an experienced estate agent based in Melksham, I have been closely monitoring the trends in the UK property market. As of January 11th, 2024, the market has shown a solid start, a trend worth exploring, especially in how it…
Mortgage War Will Save Melksham Homeowners £2,893 a Year.
In a recent financial turn, Melksham residents are experiencing a wave of relief as mortgage rates across the UK take a surprising dip. This reduction, led by major lenders, signals a potential opportunity for the Melksham housing market, directly affecting…
Melksham’s Guide to Mortgage Independence: Removing a Name from a Joint Mortgage
In Melksham's dynamic property market, understanding the nuances of changing your mortgage, such as removing a name from a joint mortgage, is essential. This guide simplifies the process for Melksham homeowners looking to navigate this potentially complex situation. The Two-Step…
Why didn’t Melksham House Prices Crash in 2023
As I review the performance of the Melksham property market in 2023, it's evident that despite the challenges, the housing sector in the town has shown remarkable resilience. At the beginning of the year, many commentators in January 2023 suggested…