Property News

So is it a good idea to rent in between moving home, to be chain-free? Moving home is said to be the third most stressful thing you can do, so if you can do anything to reduce that stress, so much the better? When buying your next Hastings home, being chain-free can certainly reduce your …

Continue reading "Over 1 in 3 Hastings Properties Being Sold with No Chain."

With all of us completing the Census a couple of weeks ago, it made us realise profoundly that our and our family’s life, which from our own point of view seems unique and delightful, makes us all into a series of statistics for the Census gatherers to pore over. To digest and regurgitate facts, figures …

Continue reading "Hastings Property Market: 2011-2021. A look back at the Hastings housing market over the last decade"

The Hastings property market, for people looking to sell, is at its sturdiest for at least the last five years with home buyers jumping on to the Hastings property ladder with abandon. Hastings house prices are anticipated to rise throughout 2021 after the stamp duty cut (and subsequent extension until the autumn) and the newly …

Continue reading "Hastings Property Market improved by 56.5% over pre-pandemic levels Has there ever been a better time for Hastings home sellers?"

Yet higher mortgage rates could see Hastings buyers paying a lot more each month for the privilege. Being a Hastings first-time buyer in the last 12 months has not been an easy thing. Just before lockdown, there were 400 ‘5% deposit mortgage’ deals and first-time buyers were able to shop around to get the best …

Continue reading "Hastings First-time Buyers Can Now Buy Using 5% Deposit Mortgages"

...and new 5% deposit mortgages for Hastings first-time buyers The Chancellor Rishi Sunak announced two initiatives to keep the Hastings property market firing on all cylinders into 2021.  Firstly, the £500,000 zero-rate Stamp Duty band has been extended to the 30th June 2021. After then it will phase down to £250,000 for an additional three …

Continue reading "Hastings Home Buyers £5,725,948 Windfall as Stamp Duty Holiday Stretched to September."

How wealth is distributed will always be a contentious issue, especially as the Baby Boomers (those aged between their late 50’s and late 70’s) wealth has grown exponentially over the last 20 years, compared to the wealth of the younger generation.  With most UK property in the hands of the older generation, with its total …

Continue reading "Hastings Pensioner Homeowners are now Worth £3,046,262,600"

In Britain, there are 27,071,500 households, of which 17,044,450 are owned, which are worth a total of £3,925,865,212,950 (£3.92 trillion). Over the last 5 years, an average of 86,096 properties sells each month, meaning just over a million UK households move home per year. Therefore, the average British homeowner moves every 16 years 5 months. …

Continue reading "Half of Hastings Homeowners Move Again Within 5 Years and 27 Weeks – Why?"

Over the last six months, the Hastings Property Market has been flourishing. As soon as an estate agents ‘For Sale’ flag went up, neighbours would be checking out Rightmove to see the internal pictures and compare the asking price to their own home (go on .. admit you do that too – every Hastings homeowner …

Continue reading "Hastings Housing Market – Busiest December Since 2006"