Reside Bath Blog

Reside Blog

Bath Property Market to Crash in 2022?

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 3 fundamental economic reasons why things are different to the last property market crash. The insider’s way to find out if there will be a property crash. …and

From Bath to Bucha: taking supplies to the front line

We never truly know how we will cope with adversity until it happens. We all have equally valid ways of processing the atrocities that unfold on a daily basis in Ukraine; some of us protect ourselves from the news, some become consumed by it, whilst others feel compelled to act. When Joseph, a tenant of

Bath Rental Homes Nightmare!

Bath needs 369 additional private rented properties per year to keep up with current and future demand from Bath tenants. Yet over the last 5 years, Bath has lost 617 private rented homes. What are the 5 reasons the supply of private rental properties in Bath are falling? What does this mean for tenants and landlords in

Bath Rental Market Review: April 2022

Everything you need to know about the Bath rental market in April 2022. Reside General Manager Toby Martin summarises rental activity over the last month, with the latest facts and figures from the local market. Reside is an award-winning independent letting agent in Bath. Please get in touch if you would like to discuss any aspect of

Bath Homeownership Rockets by 1,802 Homes in the Last 5 Years

The Bath housing market over the last five years has behaved strangely. Bath house prices are 29.4% 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

86% Drop in Bath Council Houses in the Last 40 Years

In 1981, 23.8% of properties in Bath (Bath and the North East Somerset District as a whole) were council houses. Today, that figure stands at 3.4%, a proportional drop of 86%. Why has the number of council houses dropped so much in those 40 years? How has that changed the dynamics of the Bath property

Why does it take 112 days to get the keys when you buy a house in Bath?

1,467 properties have sold in the Bath area in the last 12 months. It only takes 65 days to sell a Bath home, so why does it take 112 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

Bath Rental Market Review: March 2022

Everything you need to know about the Bath rental market in March 2022. Reside General Manager Toby Martin summarises rental activity over the last month, with the latest facts and figures from the local market. Reside is an award-winning independent letting agent in Bath. Please get in touch if you would like to discuss any aspect of

1 in 4 Bath Homeowners Unable To Sell

The average time to find a buyer for a Bath property reduced from 72 days in 2020 to 66 days in 2021. Yet just over 1 in 4 Bath homeowners are still on the market after 12 weeks. Why are so many Bath homes still on the market after all that time, and what does

How Will Rising Inflation Affect the Bath 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 by the combination of an increase in demand for goods and services from consumers following lockdown last year together with global supply chain disruptions. Most economists weren’t too concerned about this increase in the