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The property market is frequently misunderstood, especially amid dramatic news stories. Here’s what Shepperton homeowners need to know to avoid costly traps. To understand the property market, it is important to consider the broader context.
Owned by the current family for over 40 years. This wonderful family home in Old Shepperton is proving popular and it hasn't even been launched yet!
The latest figures from the Office for National Statistics (ONS) suggest something rather unexpected. After years of worsening affordability, the picture has begun to improve. Wages have risen faster than house prices since 2021, nudging the headline affordability ratios in the right direction. On the face of it, that feels like progress.
Over the last few weeks, there has been a growing narrative in the national press suggesting that the housing ladder is becoming increasingly difficult to climb. Much of this centres around the widening gap between smaller and larger homes, with many commentators suggesting that homeowners are becoming “stuck” and unable to move up.