Should you sell or should you buy in this most interesting Hitchin property market? I have calculated that at least 81 Hitchin house sellers have rented a home to break their house chain in the last 12 months, although at a cost as they face paying many thousands of pounds in rent. There are a number of reasons behind this. One is because they cannot find another Hitchin property to buy amidst a continuing shortage of new...
continue reading
With Rightmove announcing a national drop of 0.3% in average asking prices in August, some are asking if the steam has been let out of the property market. Yet with the gains we have seen in the last 12 months, is this just a minor bump in the road? Alarm bells normally ring when new homeowners coming to the market for the first time are having to lower their initial asking price when compared to...
continue reading
A recent report by Legal & General stated that since the pandemic, many older homeowners had put their plans to move home 'on ice'. It said that fewer OAP homeowners are planning to downsize from their large family homes after the pandemic made them realise the actual value of their local community and space. Historically, many OAPs move home to another part of the country to live near their grown-up children. Yet the pandemic has shown...
continue reading
