Edwards Estate Agents

Archive for the ‘Market Update’ Category

36.35% of Stratford upon Avon households are 3-bedroom homes. Is that enough?

February 28th, 2024
Market Update, Mortgages, News, Residential Lettings, Residential Sales | Comments Off on 36.35% of Stratford upon Avon households are 3-bedroom homes. Is that enough?

As an estate and letting agent with a keen eye on local Stratford upon Avon property trends, it becomes imperative to delve into the nuanced landscape of property types, mainly through the lens of bedroom distribution across various tenures. This analysis enriches the knowledge base of Stratford upon Avon homeowners and landlords and positions them […]

The Future of the Stratford-upon-Avon Buy-to-Let Market in 2024

February 15th, 2024
Land and New Homes, Market Update, Mortgages, News, Residential Lettings, Residential Sales | Comments Off on The Future of the Stratford-upon-Avon Buy-to-Let Market in 2024

The UK’s property market is facing a significant challenge as the availability of homes for rent has plummeted to its lowest level in five years, exacerbating the difficulties tenants face in finding affordable accommodation. This alarming trend was highlighted in a recent analysis, which revealed that in 2023, only 261,542 private rental homes were available […]

Mortgage War Will Save Stratford-upon-Avon Homeowners £4,379 a Year

January 24th, 2024
Land and New Homes, Market Update, Mortgages, News, Residential Lettings, Residential Sales | Comments Off on Mortgage War Will Save Stratford-upon-Avon Homeowners £4,379 a Year

In a recent financial turn, Stratford-upon-Avon residents are experiencing a wave of relief as mortgage rates across the UK take a surprising dip. This reduction, led by major lenders, signals a potential opportunity for the Stratford-upon-Avon housing market, directly affecting homeowners, landlords and first-time buyers in the town. Let’s delve into what this means for […]

Our take on Chancellor Hunt’s Autumn Statement & the Stratford upon Avon Housing Market

November 25th, 2023
In the community, Market Update, Mortgages, News, Residential Lettings, Residential Sales | Comments Off on Our take on Chancellor Hunt’s Autumn Statement & the Stratford upon Avon Housing Market

The Chancellor Jeremy Hunt announced on Wednesday lunchtime a series of changes in his Autumn Statement. These changes, though not revolutionary, are set to benefit various sectors of the Stratford property market, including private renters, landlords and first-time buyers. One significant update is the increase in the Local Housing Allowance (LHA). Next year, the LHA […]

How today’s drop in Inflation will affect the Stratford upon Avon property market

November 15th, 2023
Market Update | Comments Off on How today’s drop in Inflation will affect the Stratford upon Avon property market

Today’s drop in UK inflation to 4.6% from 6.7% in September has several implications for the Stratford upon Avon property market: Mortgage Rates and Housing Market Sentiment: The drop in inflation is expected to influence the Bank of England’s decisions regarding interest rates. With inflation falling more than expected and core inflation also reducing, there’s […]

The Changing Landscape of Stratford upon Avon’s Housing Market: Exploring the Ethical Dimensions of Buy-to-Let Investment

September 7th, 2023
Market Update, Residential Lettings, Residential Sales | Comments Off on The Changing Landscape of Stratford upon Avon’s Housing Market: Exploring the Ethical Dimensions of Buy-to-Let Investment

The town of Stratford upon Avon has witnessed a profound transformation in its housing landscape over the last few years, and the surge in private renting has led to significant debates about the morality of the buy-to-let market. Let us look at the current statistics compared to 40 years ago to show the seismic shift. […]

The Emergence of Accidental Stratford-upon-Avon Landlords in a Slowing Housing Market?

August 24th, 2023
Market Update, Residential Lettings, Residential Sales | Comments Off on The Emergence of Accidental Stratford-upon-Avon Landlords in a Slowing Housing Market?

A Stratford-upon-Avon landlord remarked to me the other day that he felt that there were more ‘posher’ up-market properties coming up for rent in the last six months compared to a couple of years ago. I stated that this was the case, and it wasn’t all down to the recent rental growth – it was […]

Stratford-upon-Avon Rents Smash Through the £1,220 Barrier

July 25th, 2023
Market Update, Residential Lettings | Comments Off on Stratford-upon-Avon Rents Smash Through the £1,220 Barrier

Are Stratford-upon-Avon Landlords Profiteering? The private rented sector for both Stratford-upon-Avon landlords and Stratford-upon-Avon tenants is facing immense challenges, with a shortage of available homes for rent putting renters under significant pressure. And you can see why when the average UK rent in 2021 was £1,381 and in 2023 it has been £1,706, an increase […]

Why Does it Take 187 Days to Sell a Home in Stratford-upon-Avon?

July 14th, 2023
Market Update, Residential Sales | Comments Off on Why Does it Take 187 Days to Sell a Home in Stratford-upon-Avon?

The average time to sell a house in the UK from start to finish is 170 days, equivalent to 24.3 weeks or 5.6 months from the first day of marketing to legal completion, whilst in Stratford-upon-Avon it’s 187 days. The actual time can vary depending on market conditions, location, property type, and pricing strategy, so […]

Is Stratford-upon-Avon a Buyers’ or Sellers’ Property Market? A Comprehensive Guide for Stratford-upon-Avon Homeowners

July 6th, 2023
Market Update, Residential Sales | Comments Off on Is Stratford-upon-Avon a Buyers’ or Sellers’ Property Market? A Comprehensive Guide for Stratford-upon-Avon Homeowners

In the ever-changing world of Stratford-upon-Avon property, the terms ‘buyers’ market’ and ‘sellers’ market’ are phrases bandied about. These property market conditions can significantly impact your ability to buy or sell a Stratford-upon-Avon property, regardless of which side of the fence you find yourself on. As a Stratford-upon-Avon estate agent, I will provide you with […]

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