Latest Property News
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Key Points from the King's Speech 2024 for Frome Homeowners and Landlords
The King’s Speech at the State Opening of Parliament sets the agenda for the government's priorities. This year's speech, delivered by King Charles, is the first from a Labour government since 2010 following the recent general election.
With 30+ bills highlighted, there are significant plans, though nothing particularly groundbreaking or seismic for Frome homeowners or landlords.
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Frome Property Market Insights: How to Sell Your Home Faster in 2024
The length of time it takes to sell a property is a crucial indicator of the health of the property market. This metric can provide insight into supply and demand dynamics, the efficiency of estate agencies, and overall market confidence.
For Frome homeowners and investors alike, understanding these trends can inform better decision-making. When properties sell quickly, it often reflects a strong market with high demand, whereas longer sale times might suggest a surplus of properties or decreased buyer interest.
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% of people working more than 49 hours per week
As an estate agent in Frome, we are dedicated to understanding the unique aspects of our local community.
Using data from the Office for National Statistics and the 2021 Census, this heat map illustrates the percentage of working residents in different areas of Frome who work more than 49 hours per week.
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Labour’s Housing and Property Market Manifesto: What Frome Homeowners & Landlords Should Know
Now we know Labour will be taking the reins of government and ushering in a new era of policies and promises, particularly in housing and property markets. Their manifesto outlines ambitious plans to address the chronic issues of housing affordability, renters' rights, and homelessness. However, the practical implementation of these initiatives, especially in a local context like Frome, raises significant questions. Yet before we look at those, it is essential to see what has happened up to this election.
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Regional Round Up of the UK Property Market - 2024 vs 2023
As an estate and letting agent in Frome, it's always exciting to report positive trends in the property market. The first half of 2024 has shown remarkable growth compared to the same period in 2023, highlighting a robust and vibrant housing sector. Every region has seen growth in the number of homes sold stc.
