Industry News Update

There are 853 properties for sale today in Norwich; roll the clock back exactly a year, and the figure was 1,215 - so there’s been a drop of 30%. This drop is being dubbed the ‘for sale board crunch'. This means it is a seller’s market in Norwich. With demand at an all-time high, many Norwich home buyers are in a state of misery as Norwich house prices have grown in the last few years, forcing many of them to review their plans.

The Government announced in their ‘Levelling Up’ White Paper that they plan to introduce a new minimum standard for private rental properties. Are these proposed changes another nail in the buy-to-let coffin for Norwich landlords?

Will Norwich OAP homeowners be forced to sell their homes as their gas and electric bills are set to double in 2022? What are their options if they do need to sell? And what will that mean for the Norwich property market as a whole?

The average house price in Norwich has increased by 215.4% to £304,400 in the last 20 years, a profit of £207,900 That means, when adjusted for inflation in those two decades, Norwich house prices have risen in real terms by 143.3%. What does this mean for existing Norwich homeowners and first-time buyers trying to get on the Norwich property ladder?

Finding a Lettings Agent Near Me: Things to Consider When Becoming a Landlord Becoming a landlord is a dream for many people, but it’s far more complicated than simply purchasing a property and renting it out. You’ll find that a lettings agent can be quite helpful in ensuring your journey into the world of being a landlord goes smoothly. There are many things to consider, and you should be aware that...

5 Things That Help Your House Sell for More Did you know you can end up with more money for your home simply by changing a few little details? If you know what buyers are looking for, you can easily upsell your house and get it moving faster. 1. Stage the Home This simply means to make the space something where potential buyers feel at home. They should be able to imagine themselves in the space, so...

In this article, I will look at what happened in 2021 in the Norwich buy-to-let property market and give you my opinion as to what lies ahead for Norwich landlords in 2022 and beyond. On a positive note, house prices in Norwich have rocketed, rents have risen faster than inflation, at the start of the year we had the benefit of a stamp duty holiday and finally, ultra-low mortgage rates, meaning Norwich landlords had lots to be happy about in 2021.

Buying your next property is all about finding a property with the features that match your requirements. However, what might be important to you as a homebuyer, might not be as important to other Norwich homebuyers. Let’s look at my top 11 rules you need to consider when buying a property in Norwich.

Reports in the press suggest 1 in 5 homeowners are considering moving home in the next 18 months. This will change the dynamics of selling your home in Norwich, meaning there are certain matters that you, as a Norwich homeowner, should do before placing your property on the market.

Many Norwich homeowners are deliberating about whether to put their home on the market in January or wait until later in the summer. Nobody has a crystal ball showing what 2022 holds, however most property experts are not forecasting doom and gloom so, what might the Norwich property market look like in 2022?