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.
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 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.
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.
50% Drop in Norwich Council Houses in the Last 40 Years In 1981, 50.3% of properties in Norwich were council houses. Today, that figure stands at 25.2%, a proportional drop of 50%. Why has the number of council houses dropped so much in those 40 years? How has that changed the dynamics of the Norwich […]
It only takes 41 days to sell a Norwich home, so why does it take 121 days from the sold board going up to the buyer getting the keys? With a shortage of solicitors and a sub-standard conveyancing system, this article discusses what Norwich house sellers (and buyers) can do to speed up the house buying process.
In this month’s edition of Viewpoint, from the award-winning folks at Yellow Brick Mortgages, we take a look at remortgaging ins and outs, the benefits of business protection insurance, and some potential ways to reduce your tax burden.
On average, it took just 42 days for a Norwich property to find a buyer in 2021, down from 58 days the previous year. But more than 1 in 5 properties are still on the market after 12 weeks. What’s happening and what can you do to increase the chances of a quick sale?