With mortgage rates tripling over the last 12 months, one could be forgiven for thinking buying a Swindon home as a first-time buyer would out of the question.Yet, what if I told you, it is £622 a year cheaper to buy a Swindon home as a first-time buyer than renting, would you be surprised? The average 2-bed home in Swindon is worth £202,879. The monthly homeownership cost of such a Swindon home...
Insights from the 2021 Census The property market is one of the most important economic indicators, as it can significantly impact the prosperity of both the local and national economy.Recently, new data from the Census 2021 has become available that sheds light on seldom discussed areas of property, such as the types of properties Swindon has, together with how we live in and use our homes.This data...
Traditionally, the first four months of the year are usually an estate agents’ busiest time for house sales. However, if the last three years have taught us anything, nothing is 'normal' and 'usual' anymore.The Swindon property market is finding that with the friction of higher mortgage rates and the effects of inflation on household budgets; things are slightly different in 2023 compared to recent...
As the British and Swindon property market navigates the ongoing economic turmoil, many Swindon homeowners and landlords may feel uncertain about the future.However, up-to-date data suggests that the 2023 property crash predicted by the many newspapers and the usual clickbait doom-mongers in the lead-up to Christmas on social media, may not be as bad as initially thought, and there are reasons to be...
• With the Bank of England raising interest rates and inflation high, what is happening in the Swindon property market? • Are properties selling in Swindon? And if so, what is selling? • What will happen to the value of your Swindon home? • Read the article to find out what is happening to the Swindon property market. As we enter February, the Swindon (and British) property market is full of...
The Swindon property market has changed in the last 12 months, with more Swindon properties coming onto the market. This has given greater choice to Swindon home buyers and buy-to-let landlords. The value of Swindon properties that had their sale agreed upon in the early spring of 2022 (and completed their sale in September 2022) is 13.4% higher than those Swindon properties that had a sale agreed...
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