The headlines are telling you the property market is running hot, that the stamp duty holiday extension is stoking the fires, and buyers are ignoring the economic slump to pile in.
There’s just one problem: your home is on the market and you aren’t even getting any offers. Perhaps you are in a property coldspot.
As property watchers will tell you, the house price index-driven view of a national housing market is something of an illusion. In reality, there are lots of different local property markets and they don’t all blow hot and cold at the same time.
At the moment, while some areas are running hot, others are cold – and it’s not as simple as city vs village, or urban vs rural. Even within London, there are some areas with high demand and others just a few miles away where it is tough to sell.
On this week’s podcast, Georgie Frost, Adrian Lowery and Simon Lambert look at how to take the temperature of your local property market and how that can help you buy or sell.
They discuss what next for house prices – and whether they can possible keep rising at such a robust pace from here, or if we could see more stability and an end to Britain’s casino property market.
Also on this week’s show: how to invest in companies that will help improve the environment, the FCA’s warning on thrill-seeking young investors and the best Isa investments of all time.
And finally, the electric car grant has been cut and will be axed for all cars costing more than £35,000. Is this foolish as we try to wean the nation off petrol and diesel, or a wise move to stop subsidising those already wealthy enough to buy an expensive brand new motor?