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 »
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 »
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 »
Selling your home in Harrogate is an exciting time, but when you’ve accepted the offer, you just want to move. However, the reality is the process can take longer than you may expect due to several factors. Recent research will give you a guide to the timescale you should expect, but we will also give… Read more »
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 »
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 »
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 »
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 »
Things have been hot, hot, hot this year. After the UK seeing record temperatures, trying to keep cool has been a challenge. And then there has been the property market that has again seen the price of property coming to market this month, hitting a sixth consecutive record, up 0.4% in the month according to… Read more »
Summer is here and you may be enjoying the warmer weather, festivals and even travelling to exotic shores, so the last thing you may be considering is moving home. Summer has notably not been the favoured season for buying or selling property: sales would often pause until normality returned, but these days technology means everything… Read more »
