Many commentators believe we have seen the peak of the Norwich property market. So, should savvy bargain hunters wait for Norwich house prices to fall? Or could postponing your house buying for any anticipated Norwich house price drop be a costly mistake?
According to some newspapers and pundits, the property market boom could soon be over with the increasing interest rates and inflation. In this article, I share the three fundamental economic reasons why things are different from the last property market crash, the insider’s way to find out if there will be a property crash, and four reasons why buy-to-let landlords are coming back into the Norwich rental market.
If you are selling a property you bought using Help to Buy or just want to pay back the loan you will need to have your property valued by a registered and experienced help to buy surveyor. Here are some top tips from a Watsons Chartered Valuation Surveyor.
Norwich needs 771 additional private rented properties per year to keep up with current and future demand from Norwich tenants. But, over the last 5 years, Norwich has lost 1,034 private rented homes. In this article, we explore 5 reasons the supply of private rental properties in Norwich is falling. What are the implications for tenants and landlords in Norwich?
So, you’ve decided to sell your property and move house! It’s now time to gather together all the important paperwork relating to your property. If you’re organised you can reach for those handy files, now. But if not, here’s a rundown of the documents you need to have at the ready: 1) Proof of […]
In this month’s compliance and legislation round-up for landlords, we have new research on rising energy costs and the impact on the private rented sector, an update on Right to Rent Adjusted Checks, the importance of property inventories, the boiler ban, and more!
In the latest edition of the financial service’s newsletter from the award-winning folks at Yellow Brick Mortgages, we take a look at cryptocurrencies and their risks, plus we get the lowdown on Stamp Duty fees across England, Scotland, and Wales.
Watsons is delighted to be working in partnership with Norfolk estate agency Whittley Parish as a trusted referral partner as a service provider of valuation and surveys as Chartered Surveyors. We caught up with Rachel Snyder, Operations Director at Whittley Parish to learn about the business and how they use the Watsons survey referral programme to offer even more value to customers.
The Norwich housing market over the last five years has behaved oddly. Norwich house prices are 26.1% higher than in 2017, even though during those five years, the British economy had the uncertainty of Brexit and the massive fall in GDP during the pandemic. Yet, a less observed trend is that the net number of homeowners in Norwich has risen by 3,480 households, a jump of 3.7%. Why has growth in homeownership happened, and what does it mean for Norwich’s existing homeowners (and landlords)?
The terraced house is one of the most familiar styles of home in Norwich. 27.1% of Norwich people live in a terraced home which is interesting when compared with the national average of 22.7%. So, what is it about the humble terraced/townhouse we Brits love so much? In this article, I look at the history of the terraced house, how it relates to Norwich and what the future holds for terraced homes.