As we are now nicely into 2024, it's certain the Plymouth housing market over the last 18 months has been a little more restrained than 2020, 2021 and early 2022, and I believe that the ‘steady as she goes’ outlook will continue into the rest of 2024 and beyond.
Read MoreUnderstanding the nuances of property sales is essential for both homeowners and investors in the dynamic Plymouth property market.
Read MoreIn the articles on the Plymouth property market, we like to provide an insight into the real story of what is happening in our Plymouth (and national) property market and address the misconceptions that some of the ‘doom monger’ media have been spreading.
Read MoreAs a practised estate and letting agent based in Plymouth, I like to monitor the Plymouth property market, compare it to the UK property market, and then share it with Plymouth homeowners and landlords. For February 2024, the UK property market has seen a continuation of the solid start in the first month of the year. Therefore, in this article, I want to see if that national trend mirrors or differs from the local market in Plymouth.
Read MoreThe 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.
Read MoreThe number of agreed UK property sales until the last Sunday of January (28th) is 8.35% higher than a year ago. Tumbling mortgage costs have encouraged buyers and sellers to return to the property market.
Read MoreThe introduction of the buy-to-let mortgage over a quarter-century ago marked a significant turn, presenting opportunities for dual returns: rental income in the short term and capital growth in the long-term. You can see why there are a substantial number of Plymouth landlords who view property investment as a cornerstone of their retirement strategy.
Read MoreThe consensus among economists and the wider public is clear: the remarkable ascent of Plymouth's property prices over the previous twelve years has reached its peak and is now starting to drift downwards.
Read MoreNavigating the property landscape, particularly in a city like Plymouth, requires more than just a reactive approach to the daily newspaper and social media headlines.
Read MoreThe government has re-evaluated its stance on several eco-centric regulations, introducing essential modifications of interest to buy-to-let Plymouth landlords.
Read MoreThe private rented sector for both Plymouth landlords and Plymouth 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 of 23.53%. Let’s look closer to home in the Plymouth area.
Read MoreAs a Plymouth estate agent, I have witnessed first-hand how the Plymouth property market operates and the various factors that influence property sales. One intriguing aspect is the difference in saleability across different price ranges. In this article, we will delve into the dynamics of selling properties in relation to their price ranges and explore the factors contributing to varying sale rates.
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