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Archive for the ‘Market Update’ Category

Rising Mortgage Rates: Impact on Stratford-upon-Avon Homeowners

June 22nd, 2023
Market Update, Mortgages, News, Residential Sales | Comments Off on Rising Mortgage Rates: Impact on Stratford-upon-Avon Homeowners

Today’s increase in Bank of England rates has sent ripples of concern among Stratford homeowners, particularly those with impending remortgages or seeking new deals. The decision by the Bank to raise rates by 0.5% has sparked discussions about the potential consequences and the steps Stratford homeowners should consider taking. For some, the immediate impact will […]

Stratford-upon-Avon House Prices Have Risen by 3.37% Since Christmas

June 1st, 2023
Market Update, Residential Sales | Comments Off on Stratford-upon-Avon House Prices Have Risen by 3.37% Since Christmas

Since Christmas, Stratford-upon-Avon first-time buyers and savvy buy-to-let landlords have been more active than expected in the property market. Rents in the Stratford-upon-Avon area have soared in the last two years, with the average Stratford-upon-Avon rent increasing to £1,189 a month, an increase of 23.6%. Because of these growing Stratford-upon-Avon rents, it has made homeownership […]

Stratford-upon-Avon’s Over-50s Wealth Hits Record High as Generational Property Gulf Grows

May 11th, 2023
Market Update, Mortgages, Residential Sales | Comments Off on Stratford-upon-Avon’s Over-50s Wealth Hits Record High as Generational Property Gulf Grows

The Stratford-upon-Avon property market is proving increasingly difficult for some younger Stratford-upon-Avon buyers, but mature homeowners have benefitted immensely from rising house prices in the last few decades. How wealth is spread across the generations will always be a controversial issue, significantly as the Baby Boomers (those born between 1946 and 1964) and the older […]

Stratford-upon-Avon Homeowners Worried About the Property Market?

April 21st, 2023
Market Update, News, Residential Sales | Comments Off on Stratford-upon-Avon Homeowners Worried About the Property Market?

The Latest Quarterly Data Might Surprise You! In my articles on the Stratford-upon-Avon property market, I like to provide an insight into the real story of what is happening in our local (and national) property market and address the misconceptions that some of the media have been spreading. Despite almost daily reports of a housing […]

Cautious Optimism in the Stratford-upon-Avon Property Market

March 3rd, 2023
Market Update, News, Residential Lettings, Residential Sales | Comments Off on Cautious Optimism in the Stratford-upon-Avon Property Market

As the British and Stratford-upon-Avon property market navigates the ongoing economic turmoil, many Stratford-upon-Avon homeowners and landlords may feel uncertain about the future. However, up-to-date data suggests that the 2023 property crash predicted by the many newspapers and the usual clickbait doom-mongers in the lead-up to Christmas on social media, may not be as bad […]

50% of Stratford-upon-Avon house sellers in 2022 had only been in their old home on average 4 years and 47 weeks

February 17th, 2023
Market Update, Residential Sales | Comments Off on 50% of Stratford-upon-Avon house sellers in 2022 had only been in their old home on average 4 years and 47 weeks

The share of Brits moving each year has been declining since the late 1980s (when at one stage, people moved every eight years), yet since the pandemic’s beginning, something has appeared to upset that trend. Newspaper stories and social media posts painted a picture of homeowners moving from the city centres to its suburbs, from the […]

Stratford-on-Avon Property Market Update: February 2023

February 2nd, 2023
Market Update, Residential Sales | Comments Off on Stratford-on-Avon Property Market Update: February 2023

As we enter February, the Stratford-on-Avon (and British) property market is full of mixed messages. Whilst the Bank of England increased the base rate nine times in 2022, meaning they are now at 3.5% (3% higher than 12 months ago), mortgage rates are now dropping. The Stratford-on-Avon property market rocketed over the last few years […]

Thatcher’s Dream Alive as Homeownership in Stratford-upon-Avon Increases

January 13th, 2023
Market Update, Residential Sales | Comments Off on Thatcher’s Dream Alive as Homeownership in Stratford-upon-Avon Increases

In her first conference speech as the Tory’s new leader in 1975, the grocer’s daughter from Grantham, Margaret Thatcher, asserted her conviction in a ‘property-owning democracy’. Although Thatcher didn’t conceive the saying – (that credit belonged to Conservative MP Noel Skelton in 1923), it encapsulated what she thought Britain should be. Through prudence, saving and […]

What Will Happen to the Stratford-upon-Avon Property Market in 2023?

December 22nd, 2022
Market Update, Residential Sales | Comments Off on What Will Happen to the Stratford-upon-Avon Property Market in 2023?

What Will Happen to the Stratford-upon-Avon Property Market in 2023? The autumn of 2022 saw economic and political instability with the resignation of Boris Johnson as Prime Minister and the ill-fated Liz Truss 44-day premiership. Now as we go into 2023, the economic and political turmoil has subdued, offering a greater feeling of stability in […]

Inflation – Every Stratford-upon-Avon Landlords’ Saviour

December 5th, 2022
Market Update, Residential Lettings, Residential Sales | Comments Off on Inflation – Every Stratford-upon-Avon Landlords’ Saviour

Some of you reading this will be old enough to remember the 1970s – the bell-bottom trousers, the huge collars, frayed jeans, disco glitter balls, maxi dresses, midi skirts but above everything else – HYPER-INFLATION. With inflation currently standing at 11.1%, many of us envy the last few years when we have been lucky to […]

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