Where can first-time buyers find value?
In 2023, the real estate market witnessed a significant decrease in the number of first-time buyers, with a 21% drop compared to the previous year, totaling 293,339 new homeowners. This…
Buyer Confidence is Returning to the Chelmsford Market – Here’s Why
Exciting developments are underway in the property market, with recent statistics indicating a significant uptick in buyer demand, marking a notable 14% surge in property seekers actively engaged in the…
Mortgage Lending Metrics
Mortgage borrowers who have locked in fixed rates can breathe a sigh of relief, having sidestepped the brunt of the interest rate hikes. Currently, the trajectory for interest rates is…
How long do we stay in our homes?
The Property Academy Home Moving Trends Survey, recently unveiled, has shed light on an intriguing trend: people are relocating more frequently than they anticipate. The survey's findings are quite revealing,…
Interest rates close to peak
In their latest assembly this November, the Bank of England maintained the benchmark bank rate at a steady 5.25%. The implications of this decision are significant for the residential property…
Zoopla’s 2024 UK Housing Market Forecast
Zoopla advises that the real estate sector should brace for a continuation of the downward trend in house prices into 2024, following a projected 4.5 percent decline by the close…
Rental Affordability
While it's true that the southern regions of England typically boast higher earnings compared to the rest of the country, this financial advantage comes with its own set of challenges,…
A Home shared…
The iconic cast of the television series "Friends" not only entertained viewers but also set a precedent as role models for an entire generation. They epitomized the aspiration of co-living,…
Transactions and prices
In the year leading up to July, residential property sales in England and Wales totaled just over one million, marking an 11.4% decrease from the previous year's transaction volume. While…
Widening expectations between buyers and sellers
The current landscape of the real estate market is characterized by high borrowing costs, which has led potential buyers to exercise caution. This caution has become one of the driving…
Early Signs of Rental Market Demand
Interest in finding a new rental home exhibits a fascinating seasonality, with fluctuations in demand aligning themselves with various holidays and noteworthy events. *Research delved into the search behavior on…
Mortgage approvals – A year in review
Mortgage approvals play a pivotal role in anticipating the trends within the residential sales arena, typically leading the way by approximately three months. Consequently, keeping a close watch on mortgage…
Stephen Frost FARLA ANAEA Hi, and thank you for visiting this blog. I have been in the Chelmsford Property market since 2008, owning and running with my excellent colleagues, the Martin and Co office in Chelmsford. I am also a Buy to Let Mortgage Adviser helping Landlords like you. I have always shared my thoughts on the local property market in Chelmsford with my landlords, but now I want to share with everyone in the town. On this blog, John and I will talk about what is happening in the town's property market itself, even looking at specific streets or housing estates. At other times, we will post what we consider decent buy to let deals. Some will be on the market with me (as we also sell property), but others will be on the market with other agents in Chelmsford. We like to look at the whole of market and give you, what we consider the best investment opportunities.I am a very experienced Estate Agent and a Fellow of ARLA (The Association of Residential Lettings Agents). I have 25+ years’ experience in the local Property Market, starting as a Trainee Sales Negotiator for a Corporate Agency. Working my way up through the ranks I have spent my entire working career in the Customer Service Industry. Born in Chelmsford, I am married with 4 Children. In my spare time, I enjoy spending time with the family, playing golf and going out for a run!
