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
You might also like
Bath’s Best Bits: Bath City Farm Tucked away on the so...
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
You might also like
1 in 4 Bath Homeowners Unable To SellThe average time to find ...
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
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
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
You might also like
Average Bath Rents Exceed £1,600The private rented sector...
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
You might also like
1 in 53 Bath Homes Are Sitting Empty1,613 homes in the Bath a...
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
You might also like
Bath Rental Market Review: May 2023All the facts and figures...
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
1,613 homes in the Bath and North East Somerset area are empty, which represents 1 in 53 homes. 833 of those have been empty for more than six months and are worth £333 million. Why are those properties standing empty and deteriorating and why could that become an issue for the whole of Bath? A
Everything you need to know about the Bath rental market in February 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
