Property Market Crash in 2022! 3 Reasons Why the Worst Might Not Happen

Property Market Crash in 2022! 3 Reasons Why the Worst Might Not Happen

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.

Norwich Rents rise by 5.9% to New All-time High + 5 Reasons the Supply of Private Rentals is Falling

Norwich Rents rise by 5.9% to New All-time High + 5 Reasons the Supply of Private Rentals is Falling

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?

Norwich Homeownership Rockets by 3,480 Homes in the Last 5 Years

Norwich Homeownership Rockets by 3,480 Homes in the Last 5 Years

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)?

There are 22,854 Terraced Houses in Norwich. Why Are They So Popular?

There are 22,854 Terraced Houses in Norwich. Why Are They So Popular?

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.

How Will Rising Inflation Affect the Norwich Property Market in 2022?

How Will Rising Inflation Affect the Norwich Property Market in 2022?

The UK is currently experiencing its highest inflation rate since the early 1990s. This increase in prices has primarily come about because of an increase in demand for goods and services following lockdown last year, together with global supply chain issues. In this article, I will look at all the factors and what it means for the Norwich property market.

1 in 45 Homes is Sitting Empty in the Norwich Area

1 in 45 Homes is Sitting Empty in the Norwich Area

1,517 homes in the Norwich area are empty, which represents 1 in 45 homes. Homes that are left empty for an extended period can affect our locality and occasionally invite anti-social behaviour. With a shortage of housing in the Norwich area, these empty homes must be brought back into use to generate much-needed housing for local people.