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Category Archives: Renting

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 Blog – Chorley Property Market: 2011-2021, a look back at the local housing market over the past decade

With all of us completing the Census, a couple of weeks ago, it made me realise profoundly that mine and my family’s life, which from our own point of view seems unique and delightful, makes us all into a series of statistics for the Census gatherers to pore over. To digest and regurgitate facts, figures […]

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Happy EASTER…

Tonnes of chocolates, loads of bunnies and piles of hot cross buns. That’s right folks unless you’ve been on holiday to the moon for a few months you’ll know it’s Easter. A time for enjoying family traditions.  And in many cases probably putting on a few pounds over the long weekend. Some Easter traditions around […]

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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 – How Will the Brexit Deal Affect Chorley House Prices and Your Mortgage Payments?

Christmas Eve brought the news that Boris Johnson had conclusively agreed on a Brexit deal for the UK with the European Union. This gave optimism that the economic turmoil of leaving the EU would be radically reduced, yet what will this ‘trade deal’ do to the value of your Chorley home and the mortgage payments you […]

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What are the Costs of Moving House?

If you’ve been thinking about buying a house in or around Chorley, you’ll be thinking about how many bedrooms you need, what size the garden is or if it’s in the right school catchment area and does it have a garage? Moving can be a stressful time, even if you are excited about the important […]

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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: As Chorley First-time Buyers are Being Locked Out of the Chorley Property Market – Rents Have Risen by 5.2%

With the banks reducing the number of low deposit mortgages (i.e. deposit of 10% and below) since Covid-19 hit in the spring, this has meant that the number of local first-time buyers has been decreasing quickly, meaning many of those would-be buyers wanting to make the first step on the Chorley property ladder are having to stay […]

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