Recent Articles in Tenant and Landlord Property Checklists

Properties are more affordable today than 12 years ago
Oct 3, 2019

I never quite understand why many property companies and much of the media think that only ‘bad news’ stories about property sell.  I also don’t understand why very few property companies, charities or property organisations aren’t telling people how affordable property is today, particularly for first time buyers, and still insist on making tenants feel so ‘miserable’ if they rent. I was asked to present at the recent RICS Housing Hub and chose the topic ‘how we can afford to put a home over everyone’s head’. To me that’s a question we should be asking and answering, rather than constantly shoving out ‘bad news’ stories. To find out more, read my article.

Create your own Grand Design
Sep 24, 2019

Up until the credit crunch, in the main, agents could make a good living from just letting and selling property that came ‘through the door’ - even if it was a digital one. The market then crashed. Prices fell by 18-20% in most areas but worst still, transactions fell by 50%, with many property businesses and jobs being lost. Although we have seen a good recovery in many places, according to the RICS, the number of properties available for sale is still at an all-time low. With Brexit, talk of a recession and possible Stamp Duty changes, the likelihood of transactions recovering anytime soon is low. And, with the Nationwide reporting just 5% of existing homes coming onto the market, without access to new build properties, it’ll be tough for agents - and you - to secure the homes you and your family need to buy and let.

Why buyers' and sellers' decisions need to be based on local expert advice
Sep 18, 2019

Whether you are ‘up north’, ‘down south’, in Scotland or Northern Ireland the market is now completely different. Pre-credit crunch, property markets tended to move in a ‘ripple effect’ but this trend appears to have stopped for now so it’s vital buyers and sellers make their decisions based on local expert advice rather than national or regional headlines.  What we do know is that across the board, since 2005, property price growth has slowed dramatically versus previous years, and now moving in line with inflation as opposed to above, impacting on those looking at investing in property for a pension or living.   

How often are we moving?
Aug 19, 2019

The Nationwide has done some fascinating analysis this month on the changes to the proportion of different movers, together with the time each take to move home. For me this kind of analysis is essential in today’s quite difficult market when we are back to so much uncertainty over the coming 12 months, as I reported last month. So how many people in your area should be moving at any one time? Is your area more or less active than the average? 

Property prices are falling in real terms for many – what’s happening in your area?
Aug 13, 2019

Versus last month, property prices ‘on average’ have really slowed across all countries. For Wales, Scotland and Northern Ireland, they are only just keeping up with inflation – which with over 50% of people who own a home, owning it outright, means no real house price growth so far this year and for those in England with just 1% increase registering, real property values are actually falling. Regionally the differences are stark. Not just from a price perspective but also from different regions showing different trends.  To find out more, read Kate's latest price report.