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Are Portsmouth First-time Buyers Being Locked Out of the Portsmouth Property Market?
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 Portsmouth first-time buyers has been decreasing quickly, meaning many of those would-be Portsmouth buyers wanting to make the first step on the Portsmouth property ladder are having to […]
HISTORIC RISE OF PORTSMOUTH HOUSE PRICES
In 1980, the average Portsmouth household income was just under £6,000 per annum and the average Portsmouth house price was £18,115; whilst today, the average Portsmouth household income is £33,066 per annum, yet the average household value is £241,900, meaning… The average value of a Portsmouth home was 3 times more than the average household […]