Manchester Property News

  • Market outlook: Mortgage approvals improving

    TomS - Head Tom Simper Apr 5, 2024, 13:00 PM

    February 2024 mortgage approvals levels were 40% above their level in February 2023.

    A year ago mortgage approvals hit their lowest levels (39,900) since the Global Financial Crisis (with the exception of Covid). Latest data shows that has recovered to 60,400, in line with the ...

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  • 6 Tips for Keeping Your Tenants Happy

    David1 - Head (2) (2) David Boyd Mar 31, 2024, 17:59 PM
    6 Tips for Keeping Your Tenants Happy


    When it comes to property management, one of the most crucial aspects is maintaining positive relationships with tenants. Happy tenants are more likely to stay longer, pay rent on time, and take better care of the property. To achieve this harmony, landlords must understand tenant ...

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  • Window of opportunity for buyers

    TomS - Head Tom Simper Mar 19, 2024, 14:00 PM

    The average price of a property coming to market has risen by 1.5%, compared to a historic average uplift of 1% for March and taking it to £368,118 (+£5,279).

    This marks the third consecutive monthly price rise and is the largest uptick in 10 months, ...

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  • The rise in female UHNWIs

    TomS - Head Tom Simper Mar 5, 2024, 12:00 PM

    International Women's Day, celebrated annually on the 8th of March, is a global day celebrating the social, economic, cultural, and political achievements of women.

    Women make up around 11% of the world's Ultra-High Net Worth Individuals (UHNWIs), defined as those with a net worth of ...

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  • Inheriting a Property: Everything you Need to Know

    David1 - Head (2) (2) David Boyd Feb 23, 2024, 14:35 PM

    Inheriting a Property:  Everything you Need to Know

    Inheriting a property can be a bittersweet experience, often weighted with emotional and financial complexities. While it may bring comfort and stability, it also comes with a whole host of legal and financial considerations. As experienced estate agents, here at Peter Anthony, we we’ve ...

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  • 1 million new homes on brownfield land

    TomS - Head Tom Simper Feb 16, 2024, 14:00 PM

    This week the Housing Secretary revealed plans to push for more homes to be build on 'brownfield land' (land that has been previously developed on). The plan will require all local authorities to prioritise development on brownfield land.

    Analysis of brownfield land by Dataloft shows ...

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  • Surge in sales agreed

    TomS - Head Tom Simper Jan 31, 2024, 11:00 AM

    New sales agreed, a key measure of market confidence and activity, were up 13% in the first 3 weeks of January compared to the same period last year.

    The volume of sales agreed is higher across all regions and countries, led by Yorkshire and The ...

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  • Lenders slash mortgage rates

    TomS - Head Tom Simper Jan 15, 2024, 11:00 AM

    Many big mortgage lenders are in fierce competition and slashing rates. The average five-year fix is now 5.55%, down from its peak of 6.37% in August, while the two-year stands at 5.93%, down from 6.86% in July.

    Santander and HSBC are the latest to join ...

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  • Navigating Unpaid Rent: A Guide for Landlords

    David1 - Head (2) (2) David Boyd Dec 27, 2023, 00:00 AM

    Navigating Unpaid Rent: A Guide for Landlords


    As a landlord, one of the most challenging situations you may encounter is when tenants are unable to pay rent on time or, worse, stop paying altogether. Navigating these situations requires a delicate balance of empathy and assertiveness to ensure a fair resolution for both ...

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  • Days of Christmas | New year, brand new home

    TomS - Head Tom Simper Dec 23, 2023, 10:00 AM

    Spending time at home over Christmas often prompts thoughts about redecorating, renovating or even moving altogether.

    Perhaps it’s the chaos of homes packed with guests or the challenges of running older properties during the winter, but when it comes to moving, the benefits of brand ...

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  • Days of Christmas | What's on the wish list?

    TomS - Head Tom Simper Dec 15, 2023, 12:00 PM

    One timeless tradition that adds a sparkle to the holiday spirit is the creation of Christmas wish lists. Every year, many people write a list, hoping to receive the gifts of their dreams.

    At the top of home movers wish lists for their agent are ...

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  • What to Consider When Buying Your First Home

    David1 - Head (2) (2) David Boyd Dec 7, 2023, 10:05 AM

    What to Consider When Buying Your First Home

    Whatever your age, buying your first home is an exciting milestone that marks a significant chapter in your life. It's a dream for many, but the process can be daunting and complex sometimes. To make this journey smoother, at Peter Anthony we’ve been dealing with ...

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  • Days of Christmas | Gold, Frankincense and Myrrh

    TomS - Head Tom Simper Dec 4, 2023, 14:00 PM

    The Three Wise Men followed a star in search of the newborn king, giving gifts of gold, frankincense and myrrh. However, gifting a home may have been a better financial move.

    The average price of a home is currently £291,385, a 65% increase in value ...

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  • Buying vs. Renting: Making the Right Choice for You

    David1 - Head (2) (2) David Boyd Nov 27, 2023, 14:10 PM

     

    Making the Right Choice for You

    One of the most significant decisions many families and individuals face is whether to buy a home or continue renting. This choice can be influenced by a multitude of factors, including financial stability, lifestyle preferences, and long-term goals. As an independent award-winning family run ...

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  • How long do we stay in our homes?

    TomS - Head Tom Simper Nov 23, 2023, 13:00 PM

    People move more often than they expect to, one of the findings revealed in the recently-released Property Academy Home Moving Trends Survey.

    While just 23% of home movers expect to move within the next six years, the reality is that one third are likely to. ...

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  • Bank rate hold benefits swap rates and mortgage rates

    TomS - Head Tom Simper Nov 6, 2023, 12:00 PM

    The Bank of England held the bank rate at 5.25% in their November 2023 meeting. Interest rates, through mortgage affordability, are a key determinant for the residential market outlook.

    Consensus forecasts compiled by HM Treasury suggest that interest rates are at their peak. Year end ...

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  • Food supplements

    TomS - Head Tom Simper Oct 18, 2023, 12:00 PM

    Restaurants are at the core of our communities and play a vital role in economic growth and revitalising areas. A good range of local restaurants can attract homebuyers to an area.

    Despite cost of living pressures, new restaurants continue to open. There were more than ...

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  • How to Maximise Curb Appeal: A Guide to Selling Your House Fast

    David1 - Head (2) (2) David Boyd Oct 16, 2023, 13:42 PM


    How to Maximise Curb Appeal:  A Guide to Selling Your House Fast

    Curb appeal is the first impression a potential buyer has of a property. It's the art of making your home look attractive from the street, enticing people to want to step inside and see more. At Peter Anthony, we know the importance of curb ...

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  • Where do students live?

    TomS - Head Tom Simper Oct 2, 2023, 11:00 AM

    The number of students in house shares in the private rented sector (other rented accommodation), has steadily increased since 2014/15. The number 'in own residence’ has also climbed.

    With an average 2.9 students vying for each bed in the UK, the student sector is undersupplied. ...

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  • Mind the gap!

    TomS - Head Tom Simper Sep 13, 2023, 13:00 PM

    High costs of borrowing mean buyers are being cautious, one of the reasons why seven in ten agents are saying that it is now a buyer's market.

    Buyers with a reluctance to overstretch are coming up against optimistic sellers, resulting in a growing disconnect between ...

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About The Blog

This Blog looks at what is happening in Manchester, the property market, events and community news along with investment ideas and tips for those loosing to invest in the area. 

Tom Simper - Editor

TomS - Head











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