This blog follows the property market in Peterborough. You’ll find tips, guidance and analysis that relates specifically to this area. It will also include structured opinions and valuable advice on current and forthcoming property related topics.
We’d also love to know your thoughts, you can leave them in the comments section found on each post.
“Real estate practice is not about selling or buying a home. It’s about representing your client’s greatest asset to your clients greatest benefit.” – Alex Delgado
In Britain, there are 27,071,500 households, of which 17,044,450 are owned, which are worth a total of £3,925,865,212,950 (£3.92 trillion). Over the last 5 years, an average of 86,096 properties sell each month, meaning just over a million UK households move home per year. Therefore, the average British homeowner moves every 16 years 5 months. … Continue reading “Half of Peterborough Homeowners Move Again Within 7 Years and 41 Weeks – Why?”
What does this mean for Peterborough property owners? With most Peterborough families home schooling their children in lockdown and the forthcoming Stamp Duty Holiday deadline on the 31st March 2021, less Peterborough properties have been coming onto the Peterborough property market since the new year. This has prompted a 13% drop in the supply of Peterborough homes … Continue reading “13% Drop in Peterborough Homes ‘For Sale’ in Last 4 Months”
Most people pay Stamp Duty Tax when they buy a property, house, apartment or other land and buildings over a particular price in the UK. The Chancellor, Rishi Sunak (quickly followed suit by the Welsh and Scottish Governments), announced last July that Stamp Duty was partially being suspended on all English property transactions up to … Continue reading “Peterborough Property Market: Is it Time to Stamp Out Stamp Duty?”
5,090 Peterborough Homeowners to be ‘Unchained’ From Toxic Leasehold Agreements in Biggest Shake-up of Property Law in Decades
When William the Conqueror invaded our fair shores in 1066, like all good kings, he needed to buy loyalty and raise cash to build his castles and armies. He did this by feudal law system and granted all the faithful nobles and aristocrats with land. In return, the nobles and aristocrats would give the King … Continue reading “5,090 Peterborough Homeowners to be ‘Unchained’ From Toxic Leasehold Agreements in Biggest Shake-up of Property Law in Decades”