Posts Categorized: Around Harrogate

The Harrogate Marketplace – state of play.

On a UK wide basis, homeowners and potential investors continue to be bombarded by our media on a daily basis with alarming reports of falling house prices, coupled to high-interest rates and the possibility of negative equity. Bad news sells newspapers! It is fair to say that in certain parts of the country, the property… Read more »

Bungalows in Harrogate

You will understand that we are very regularly asked about the pros and cons of buying a Bungalow. There are around 2 million Bungalows in the UK and most were built over the years following the Second World War on big plots with a pronounced slow down since the nineties until nowadays they account for… Read more »

The Harrogate Property Marketplace

Let’s just park, just for a while, all the downside implications of today’s high inflation and interest/mortgage rates and take an overhead look now at the local property landscape and consider how it has evolved/shaped in Harrogate and District during and after Covid. The profile of the properties folk have bought here since the first Lockdown has undergone some subtle but significant changes, reflecting shifting preferences and… Read more »

Is the housing market game changing for first-time buyers?

Over the last few years, home ownership has felt like it has become further out of reach for many first-time home buyers. With rising home prices, a shrinking number of properties on the market, high-interest rates making mortgages a challenge, and ever-increasing competition. The Harrogate housing market can seem like an unfair game. Recent property… Read more »

Pros and cons of flipping a property

I am covering tricky topics as they come along and as economic circumstances change for the worse even in Harrogate. Certain things seem inevitable as the downside effects of high interest (mortgage) rates plus inflation along with the high cost of living depress property demand/house prices and rents as we head into 2023. So here… Read more »

How can you prepare, should there be a power outage this winter?

The Energy Saving Trust has described it as a ‘worst-case scenario’ yet, according to National Grid, there is a possibility that our homes and businesses could be without power for three-hour periods. Some of you may remember the winter blackouts during the 1970s and the challenges they created, but Britain may have to reduce its… Read more »

Key things affecting homebuyers right now

Within the space of just a few days, confusion has gripped the property market, but changes to stamp duty could be positive for those looking to buy a new home. It is suggested that the mini-Budget was the catalyst for the pound to fall dramatically on the stock market resulting in mortgage lenders withdrawing mortgage… Read more »

Unmortgageable properties and buying at the right price

I’ve covered a number of tricky property issues in recent blogs and now had the idea of tackling another difficult one  – i.e. listing just some of the main reasons why a property is unmortgageable. This usually comes down to physical and/or legal risks and the lender not being willing to collateralise the loan, which… Read more »

A Shortage of Rental Stock in Harrogate

“Fools rush in where Angels fear to tread” should serve as a warning to me, but I am going to do my best to explain now why there is a shortage of rental stock  – especially of larger family homes – in Harrogate and elsewhere in England. There is, understandably, in my view, a widely… Read more »