Articles & Property News in Portsmouth

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The Portsmouth Baby Boomer Housing Paradox: Wealth in Property, But Nowhere to Go

For decades, baby boomers in the UK have been the quiet beneficiaries of a housing market that has worked in their favour. Rising property prices and a growing housing shortage have pushed home values sky-high, giving this generation substantial equity in their homes. However, as more and more boomers enter retirement age, a new reality sets in, and the properties they need for this next stage of life are almost impossible to find.

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Portsmouth House Sales Up 18.1% on 2023 – Yet Challenges Still Remain

The number of agreed UK property sales until Saturday, 22nd November 2024, is 18% higher than a year ago.

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Portsmouth’s Ageing Population Turning to Rentals: What it Means for Landlords

Recent figures from the Office for National Statistics reveal that across the UK, 486,795 households are occupied by individuals aged 65 (and over) who live in a private rental sector home. This represents 6.71% of all OAP’s that are now renting privately. 

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Portsmouth Properties Selling in 68 Days

Are you a Portsmouth homeowner or landlord? Are you thinking of selling your home or property in early 2025?

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Portsmouth Buy-to-Let is Dead - Long Live the Portsmouth Buy-to-Let Landlord

Future legislation and the recent Budget have stirred considerable anxiety among landlords.

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The Hidden Trap of Overpricing Your Home in Portsmouth's Property Market

In an age of sensational headlines, the UK property market—particularly in Portsmouth—often finds itself misinterpreted. While we cannot ignore the challenges of higher mortgage rates and shifting buyer preferences, it is vital to appreciate the broader context to understand what's happening in the Portsmouth property landscape.

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Portsmouth October ’24 Property Market: A Comprehensive Overview for Buyers and Sellers

Are you a homeowner in Portsmouth? Perhaps you’re planning to move/sell/buy within the next six to twelve months, or maybe you're on the lookout for your next dream home and have no timescales. Whether you're buying or selling, having a clear understanding of the current state of the property market in Portsmouth is vital to make informed choices.

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The Hard Truth About Portsmouth’s Young: Where Do They Live and What Does the Future Hold?

It’s no secret that the younger generation in Portsmouth is finding it tough to get onto the property ladder. With the rising cost of living, stagnating wages, and stricter mortgage criteria, it's no surprise that fewer under-34s are becoming homeowners.

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12,420 Portsmouth Homeowners Fallen Foul of Estate Agents ‘Overvaluing’ in the Last 5 Years

If you’ve ever considered selling your Portsmouth home, you may have felt the temptation to list it at a higher price, hoping for a bigger payday.

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1 in 7.2 Portsmouth Home Sellers Lower Their Asking Price Every Month

As the property landscape in Portsmouth continues to evolve, many homeowners who have been on the market for a while find themselves navigating the complex decision of when and how much to reduce their asking prices to attract buyers.

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Victorian Terrace Houses in the UK

The Resurgence of the Portsmouth Terraced House: Or Has it Ever Been Out of Fashion?

The terraced house, once considered a relic of the past, is making a notable comeback. But one might wonder - did it ever truly go out of fashion?

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A Tale of Two Portsmouth Property Markets and the Need for Realistic Pricing

The Portsmouth property market has undergone significant changes over the past few years, as depicted in the two graphs provided.

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