In recent articles on the Rugeley property market, I have been talking a lot about house prices over the last 12 months and 5 years in Rugeley. However, as 2 in 3 (65.1%) of Rugeley home sellers are also home buyers, the price is almost irrelevant. Let me explain.
How far would you go to help your child get on in the world?
Many Rugeley parents move area to ensure their child gets into the best primary school or fund their university costs. Many of you reading this have even helped your children with the deposit for their first home from savings.
However, I have come across many Rugeley people in their 50’s and 60’s, who have good jobs and incomes, yet don’t have the savings to give to their children to help them buy their first home. It doesn’t help when you consider …
C residential wins award at The ESTAS, the most prestigious awards in the UK property sector
We won GOLD for the West Midlands, GOLD for the Best in Staffordshire and The GUILD Agent of the Year
With grocery, energy and other household prices/costs rising and hitting everyone’s back pocket, inflation (rising prices) may feel like an unimportant issue when it comes to the cost of keeping a roof over your head.
The stamp duty tax holiday is over, furlough finished at the end of September, unemployment is due to rise and inflation is rife … is this the end of the post lockdown Rugeley property boom?
Surely, we are heading for house price correction?