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Getting a foot on the property ladder remains a goal for many, especially as every UK region has seen annual rental value growth, according to the latest HomeLet Rental Index. Many may wonder whether 2023 will be a good year to make a property purchase so to steer buying novices in the right direction, here are 5 facts for 2023’s first-time buyers.

Getting a foot on the property ladder remains a goal for many, especially as every UK region has seen annual rental value growth, according to the latest HomeLet Rental Index. Many may wonder whether 2023 will be a good year to make a property purchase so to steer buying novices in the right direction, here are 5 facts for 2023’s first-time buyers.

Property prices have recently been subjected to some doom and gloom in the media, so I’ve taken a closer look at what is happening with asking prices in Wellingborough up to and including December 2022.

Following a steady rise for the year, there was a small dip in the asking prices of properties for sale in May and June. This is usually expected during this period as people are away on holiday and/or are enjoying the summer weather.

Since this dip, the average asking price has risen for six consecutive months, reaching its current high of £277,757, 7.8% (£20,082) higher than in January 2021.

Property prices have recently been subjected to some doom and gloom in the media, so I’ve taken a closer look at what is happening with asking prices in Wellingborough up to and including December 2022.

Following a steady rise for the year, there was a small dip in the asking prices of properties for sale in May and June. This is usually expected during this period as people are away on holiday and/or are enjoying the summer weather.

Since this dip, the average asking price has risen for six consecutive months, reaching its current high of £277,757, 7.8% (£20,082) higher than in January 2021.

The year ahead could be monumental for landlords and tenants. It’s widely accepted that the Government’s A Fairer Private Rented Sector white paper will be adopted before the end of 2023 – and that means renting with a pet will be made easier.

The year ahead could be monumental for landlords and tenants. It’s widely accepted that the Government’s A Fairer Private Rented Sector white paper will be adopted before the end of 2023 – and that means renting with a pet will be made easier.

December saw signs that the sales market was regulating. Rightmove’s latest figures revealed the average price of a property coming to market dropped by 2.1% in the final weeks of 2022. This equated to -£7,862, indicating sellers are adjusting their price expectations in line with current sentiment.

December saw signs that the sales market was regulating. Rightmove’s latest figures revealed the average price of a property coming to market dropped by 2.1% in the final weeks of 2022. This equated to -£7,862, indicating sellers are adjusting their price expectations in line with current sentiment.

Using a professional estate agent to buy, sell or let a property has many advantages and a lesser publicised but extremely important aspect is preventing property fraud. Before you unduly worry, property fraud is extremely rare but because of this, it tends to make the news when it does happen.

Using a professional estate agent to buy, sell or let a property has many advantages and a lesser publicised but extremely important aspect is preventing property fraud. Before you unduly worry, property fraud is extremely rare but because of this, it tends to make the news when it does happen.

The people at Pantone have recently released their colour of the year for 2023 and they plumped for a red called Viva Magenta. It’s a shade Pantone calls ‘brave, fearless, empowering and joyous’.

The people at Pantone have recently released their colour of the year for 2023 and they plumped for a red called Viva Magenta. It’s a shade Pantone calls ‘brave, fearless, empowering and joyous’.