12 months ago, the unemployment rate in High Wycombe stood at 1.5% of the working population, yet with Coronavirus hitting the UK, what impact will this rise in unemployment have on the High Wycombe property market? As I have discussed a number of times in my...
Roll the clock back to April 2020, and major financial economists and property market commenters were sounding the alarm. The very best-case scenario was a 5% drop in property values by the end of the year, and most were in the 10% to 15% range....
… and the three reasons why it will not be the catastrophic scenario some are predicting In the last few months, the High Wycombe (and UK) property market has resisted and flouted every economist’s prediction. With the economy a shadow of its former self, unemployment set...
If the proposals were adopted in full, some High Wycombe landlords would pay £13,000 less Capital Gains Tax than they would currently The government borrowed £394bn this financial year (April ‘20 to April ‘21). This figure does not include the cost of November lockdowns and support...
Looking back at the High Wycombe property market for 2020, it can certainly be seen as a frenetic game of two halves, albeit with a very long half time in the spring. Between the General Election in mid-December and Christmas, many High Wycombe agents saw...
With the banks reducing the number of low deposit mortgages (i.e. deposit of 10% and below) since Covid-19 hit in the spring, this has meant that the number of High Wycombe first-time buyers has been decreasing quickly, meaning many of those would-be High Wycombe buyers wanting to...
and the five ways on how all High Wycombe Landlords can escape the worst of the coronavirus downturn on their High Wycombe rental property. With the second lockdown starting on the 5th November 2020, does this mean High Wycombe landlords can wave goodbye to their High...
"What will a no deal Brexit on the horizon, the end of the stamp duty holiday in March, mortgage payment holidays coming to an end, unemployment set to rise after furlough and ongoing on/off coronavirus restrictions do to the High Wycombe property market and the...
High Wycombe homebuyers and High Wycombe landlords purchasing residential property have saved £752,520 since the Chancellor reduced Stamp Duty on 8th July 2020, yet many more High Wycombe homebuyers could miss out. My analysis of properties sold in High Wycombe from the Land Registry between the...
Boris Johnson has attracted both praise and horror in equal measure with a new plan for 95% mortgages to help beleaguered first time buyers to get on the property ladder, but would that expose UK taxpayers to too much risk? In this article I discuss...