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Category Archives: Investors

Chorley Property Blog: Chorley Buy-to-Let Property Market Going into Crisis?

…as first-time buyers now only need a 5% deposit for a mortgage. Landlords, sell your property portfolios, your tenants will soon be leaving in droves as they buy their first home with the new 5% deposit mortgages backed by the Government’s new mortgage-guarantee scheme revealed in March’s budget! These 95% mortgages are to be supported […]

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Chorley Property News: First-Time Buyers Can Now Buy Using 5% Deposit Mortgages

Yet higher mortgage rates could see Chorley buyers paying a lot more each month for the privilege Being a first-time buyer in the last 12 months has not been an easy thing. Just before lockdown there were 400 ‘5% deposit mortgage’ deals and first-time buyers were able shop around to get the best deal. When […]

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Chorley Property News: Chorley Pensioner Homeowners Are Now Worth £874,176,300

How wealth is distributed will always be a contentious issue, especially as the Baby Boomers (those aged between their late 50’s and late 70’s) wealth has grown exponentially over the last 20 years, compared to the wealth of the younger generation. With most UK property in the hands of the older generation, with its total […]

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Chorley Property Blog – The Busiest December for the Chorley Housing Market Since 2006

Over the last six months, the Chorley Property Market has been flourishing. As soon as an estate agent’s ‘For Sale’ flag went up, neighbours would be checking out Rightmove to see the internal pictures and compare the asking price to their own home (go on … admit you do that too – every Chorley homeowner […]

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CHORLEY PROPERTY BLOG – WHAT NEXT FOR THE CHORLEY PROPERTY MARKET?

With most local families home schooling their children in lockdown and the forthcoming Stamp Duty Holiday deadline on the 31st March 2021, less local properties have been coming onto the Chorley property market since the New Year. This has prompted a 9% drop in the supply of local homes for sale compared to September 2020. […]

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The Biggest Question Home Sellers Need to Ask

Making the decision to sell your home and move is a big one. Whatever the reason whether it’s downsizing, needing more space, wanting a better neighbourhood or to be closer to excellent schools it’s life changing. Once you’ve made the decision to move you have another big question to address. How do I sell my […]

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Chorley property blog – No Deal Brexit – The Prediction for Chorley House Prices

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. They forewarned the Covid-19 stimulated recession would trim tens of […]

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And so this is Christmas

We’re a musical bunch at Forbes Estates, or some of us like to think we are. This means we love a bit of carol singing and festive songs on loop in our office. Have you got your Christmas list ready? I don’t ask Santa for much, in fact, All I Want for Christmas is (A […]

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Why Boxing Day is Brilliant for Savvy Home Sellers…

In this two-minute read, we unwrap the staggering statistics and reasons which make Boxing Day more than just a time for food, family and friends. Picture the scene  – It’s the afternoon after the night before. It’s Boxing Day! The presents are all open, the wrapping all recycled, visitors entertained and time for a bit […]

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Chorley Property Blog – Chorley Second Homeowners and Landlords will Probably Save Money from the Proposed New Capital Gains Tax changes

Yet, if the proposals were adopted in full, some Chorley buy to let landlords would pay £7,000 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 measures, which means the final bill […]

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