Recent Articles in Building and Renovating Property Checklists

Property price and market report - December 2020
Dec 15, 2020

Each month we’ve been following property prices since the market opened in May and we’ve seen house price rises increase more and more each month. And it appears any fears of the second lockdown holding back the market are unwarranted, with Rightmove saying that “first six days of the second lockdown seeing demand up by 49% on this time last year”. Read Kate Faulkner's latest comprehensive property price report here.

Top 10 things to consider when buying a leasehold property
Dec 4, 2020

When buying a leasehold property, leaseholders need to be confident that they are aware of what is and what is not included in their lease and understand any changes they may face during the lifespan of their lease. This guide looks at key points and practicalities to consider before making a purchase.

Kate Faulkners property price report for November 2020
Nov 18, 2020

We all know that the market is ‘booming’ at this moment in time, but it is important to appreciate this is more of a boom in transactions rather than a boom in house prices. There is one surprise though and that’s despite this huge uplift in volumes, property prices, although rising potentially ahead of a recession, are not doing so at the pace we would normally have seen in the past. Read the full article to find out what's happening in your area.

What about 2021? Are we going to see crashes?
Nov 11, 2020

I must admit, before the forecasts came out I was expecting to see falls, perhaps anything between 5-10%, but remarkably the property price forecasters are incredibly optimistic versus a few months ago. 2021 is also going to be a tough year to predict and get right – we don’t know if the ‘stamp duty’ cliff edge will be retained, the Help to Buy Scheme is being restricted, will home movers have ‘burned’ themselves out for the next few years, or are there plenty of home movers left to keep the market going at least for the first half of the year? Read my article here.

Kate Faulkner's property price update - October 2020
Oct 14, 2020

Over the last few months, we have been checking and scrutinising house market statistics as many were still being influenced by lockdown as the market didn’t open until mid-May. However, we are starting to see similar trends emerging between the indices suggesting that the stats are being less affected. But I would still only take averages with a pinch of salt. What matters to home movers and investors is what’s happening to property prices/rents on a particular street as at a local level, we see huge variations versus the ‘average’. Read my latest property price article here.