Property Finance Blog Archive

Why Does it Take 123 Days to Get the Keys When You Buy a Shoreham-by-Sea House?

13th April 2022

267 properties have sold in the Shoreham-by-Sea area in the last 12 months. It only takes 49 days to sell a Shoreham-by-Sea home, so why does it take 123 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 what Shoreham-by-Sea house sellers (and buyers) can do to… Read More

The Future of the Shoreham-by-Sea Buy-To-Let Market in 2022

21st January 2022

The Headlines... Shoreham-by-Sea rents up by 3.7% in the last 12 months Shoreham-by-Sea house Prices up 16.4% in the last 12 months Shoreham-by-Sea landlords helped by ultra-low mortgage rates and a stamp duty holiday  Yet, some landlords in Shoreham-by-Sea anxious about a possible end to no fault evictions New EPC rules could cost Shoreham-by-Sea landlords £10,000+ per property In this article, we will… Read More

Shoreham-by-Sea House Prices - The Effect of Rising Inflation

30th November 2021

House prices tend to rise with inflation, so with the UK annual inflation hitting 4.2% last week, that’s good news, isn’t it? Yes and no – let us explain what it means for Shoreham-by-Sea homeowners. The year-on-year cost of living rose by 4.2% in October, its highest rate in almost a decade. The jump in prices (inflation), pushed… Read More

With Shoreham-by-Sea Tenants Deposits Totalling £4,278,644, How Will ‘Lifetime Deposits’ Change the Shoreham-by-Sea Rental Market?

18th November 2021

The Government’s scheduled publication of their White Paper for the Renter's Reform Bill, which incorporates proposals to forbid Section 21 evictions and introduce ‘Lifetime Deposits’, has been suspended until 2022. The additional time is required to give a chance to create a level playing field to reforms for both landlords and tenants in the private rented sector in… Read More

Stamp Duty Holiday extension announced

8th March 2021

Last week many finally received the news they were hoping for from the Chancellor’s Spring Budget – an extension to the temporary cut in Stamp Duty until September, plus a government backed 5% mortgage guarantee. Read More

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