The UK property market has demonstrated remarkable resilience despite facing significant challenges over the past 18 months. Many analysts in the autumn of 2022 predicted a severe downturn in house prices, driven by economic uncertainty, a cost-of-living crisis, and rising mortgage rates.
Read MoreOver the past few years, the UK rental market has experienced significant fluctuations, with rents increasing dramatically during the Covid-19 pandemic. Between 2020 and 2022, demand far exceeded supply, driving rents to unprecedented levels.
Read MoreUnderstanding the various property tenures in Basingstoke is helpful for homebuyers in making informed decisions.
Read MoreBasingstoke, a vibrant town with a diverse property market, offers countless opportunities for homeowners seeking their next home. However, navigating this landscape requires a strategic approach to avoid common pitfalls. If you're a current Basingstoke homeowner weighing up your options for a potential move, this guide will shed light on some key factors to consider.
Read MoreAs of April 2024, property sales and listings have increased significantly, indicating a robust market. Yet, what does this mean for you? Is Basingstoke a buyers’ market, favouring those looking to purchase, or a sellers’ market, giving an edge to those wishing to sell?
Read MoreThis is important as house prices are a national obsession and tied into the health of the UK economy as a whole. Most of that gain has come from the overall growth in Basingstoke property values, while some of it will have been enhanced by extending, modernising, or developing their home.
Read MoreWhatever the rest of 2024 brings, moving home should mostly be based on your circumstances and not solely on what is happening to Basingstoke property prices.
Read MoreBasingstoke and Deane Gen X-ers own 7096 homes outright, worth £2,494,804,584 with a further 9320 homes with a mortgage on it, worth £3,276,716,280 (an equally impressive £5.77 billion in Basingstoke and Deane alone).
Read MoreBy taking these steps, you can maximise your property’s appeal and increase the likelihood of a quick sale in the competitive spring market.
Read MoreIt is essential to recognise that the Basingstoke property market is ever-evolving, and national trends may only sometimes directly reflect local realities. As we progress through 2024, keeping abreast of market changes and adapting accordingly will be vital for any successful property deal. I create lots of content about the Basingstoke property market, just like the article you are reading now, so if you would like to receive them all, please contact the office, and we’ll send them to you.
Read MoreThe Spring Budget 2024 this afternoon has introduced some changes that could significantly influence your Basingstoke property strategies and investment outcomes.
Read MoreIf you are a mature Basingstoke homeowner in a large home and are afraid to move because you can't find one, please don't hesitate to contact me. I might be able to place your Basingstoke home on the market without a for sale board or internet listing and find you a buyer who is prepared to wait for you to find one. If this interests you, without obligation do not hesitate to pick up the phone.
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