Manchester Property News

  • Dataloft Days of Christmas: Wind it up

    TomS - Head Tom Simper Dec 23, 2021, 12:00 PM
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    Love them or hate them, the Brussels sprout is a quintessential part of a Christmas meal for many. In fact, the British are believed to eat more Brussels than anywhere else in Europe.

    The industry is worth £650 million to the UK. For that, you ...

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  • Dataloft Days of Christmas: Ho, ho, home

    TomS - Head Tom Simper Dec 15, 2021, 11:30 AM
    252_Dataloft_Days_of_Christmas_2021-06_Ho_ho_home-06 (1)

    Over 500 properties have sold with either 'Christmas' in their name or address across England and Wales since 1995, with 23 'Christmas' sales so far in 2021.

    70% of sales have been of properties named either 'Christmas Cottage; or properties located on roads named 'Christmas ...

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  • Dataloft Days of Christmas: Home for Christmas

    TomS - Head Tom Simper Dec 3, 2021, 14:00 PM
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    It is estimated that 1 in every 16 privately-owned homes has changed hands this year (1.5 million households). 2021 has been the busiest year for the property market since 2007. Source: Dataloft, HMRC, Zoopla

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  • Creative spaces

    TomS - Head Tom Simper Nov 18, 2021, 12:30 PM
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    Research commissioned by the Creative Land Trust illustrates an outperformance of residential values in areas with a cluster of creative industries.

    Creative industries include all types of artists, screen printing, film making, music, performing arts and rehearsal space.

    Case studies across London and the Thames ...

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  • Autumn 2021 Budget: housing market headlines

    TomS - Head Tom Simper Nov 2, 2021, 10:00 AM
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    The Chancellor described the economic picture as “strong” in the short term, with the Office for Budget Responsibility expecting the economy to return to pre-pandemic levels 6 months earlier than expected (by 2022).

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    Key housing market announcements included funding for new homes, brownfield land and ...

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  • Seasonally adjusted street names

    TomS - Head Tom Simper Oct 14, 2021, 14:00 PM
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    Harvest time is upon us and of all the seasons it appears ‘autumn’ is the most lucrative when it comes to property names.

    Homes bought since the start of 2020 which have included 'autumn' in their name or street address, have sold for an average ...

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  • Later life mortgages on the rise

    TomS - Head Tom Simper Sep 28, 2021, 13:00 PM
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    Mortgage lending in later life is on the rise. The age of first-time buyers, an increase in the length of mortgage terms and an ageing population all causes.

    UK Finance report over half of new homeowner loans issued in the first six months of 2021 ...

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  • Pets please

    TomS - Head Tom Simper Sep 6, 2021, 10:30 AM
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    While tenant demand has risen 13% over the past year, demand for pet-friendly rental properties has more than doubled, enquiries to letting agents for pet-friendly rentals up 120% (Rightmove).

    Over half of UK adults are now thought to own a pet, the majority dog (26%) ...

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  • Record-breaking house price growth

    TomS - Head Tom Simper Aug 21, 2021, 14:50 PM
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    The UK experienced a 13.2% annual increase in house prices in June 2021. This is the largest annual increase recorded since 2004.

    The average price of a UK house now stands at a record high of £265,668, which is £30,965 higher than the same time ...

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  • Going for gold

    TomS - Head Tom Simper Aug 3, 2021, 11:30 AM
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    Team GB are bringing home the medals at Tokyo 2020, but property not gold has proved the best investment proposition in recent years.

    The average price of residential property has increased by 46% over the last 10 years, over double that of gold.

    Over the ...

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  • Sticking with it

    TomS - Head Tom Simper Jul 13, 2021, 14:50 PM
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    Research by Rightmove indicates the vast majority of sales will continue if buyers miss the June or September SDLT deadlines.

    A proportion of buyers (25% Rightmove, 42% Dataloft subscriber poll) are likely to renegotiate on price and this may well act as a brake on ...

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  • 64% of UK residents won't buy a property without a garden

    TomS - Head Tom Simper Jun 25, 2021, 10:15 AM
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    As summer officially begins this week, gardens and outside space remain priorities on buyer wish lists. Nearly two-thirds of residents wouldn't buy a property in 2021 without outside space (Rated People).

    Gardens are currently the most sought after property feature for buyers according to results ...

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  • 26% increase in buyer demand since the start of 2021

    TomS - Head Tom Simper Jun 10, 2021, 14:30 PM
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    Housing market momentum has been maintained following the original stamp duty deadline in March 2021. The Dataloft Demand Index shows a 26% increase in housing market demand since the start of 2021.

    An estimated 117,860 transactions completed in April 2021, 21% higher than the April ...

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  • Rental market accelerates

    TomS - Head Tom Simper May 28, 2021, 11:00 AM
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    Tenant demand is rising substantially. For agents in the lettings market, the busy season is approaching.

    Analysis of tenancy start dates based on data from the past 5 years indicates the market starts to accelerate in June, with nearly one third of all tenancies starting ...

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  • Average mortgage rate remains historically low

    TomS - Head Tom Simper May 8, 2021, 11:00 AM
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    The cost of borrowing remains historically low according to new data released by the Bank of England, the average mortgage rate just 2.09%.

    This rate has remained unchanged since the start of 2021, with gross mortgage lending in March hitting its highest ever monthly total ...

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  • Outside dining and drinking reopens in England

    TomS - Head Tom Simper Apr 19, 2021, 10:45 AM
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    Last Monday (12th April) marked the opening of outside dining and drinking in England, with the potential to create a European-style café culture.

    With only 38% of hospitality venues across Britain having access to outside space, many have had to apply for a pavement license....

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  • Egg-cellent!

    TomS - Head Tom Simper Apr 3, 2021, 11:30 AM
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    £153 million is set to be spent on Easter Eggs across the UK this year, the egg-quivalent to a nest of 574 average priced homes

    Egg-spenditure on Easter eggs this year is egg-spected to be cracking £48 million more than in 2020, the easing of ...

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  • Making sense of the Census

    TomS - Head Tom Simper Mar 20, 2021, 11:00 AM
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    Sunday 21st March, Census day in England and Wales. By law all households must complete their form.

    The census has taken place every 10 years since 1801, except in 1941 (WWII). The first census based on households took place in 1841. The population has changed ...

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  • Females fly the nest first

    TomS - Head Tom Simper Mar 12, 2021, 10:30 AM
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    This Sunday (March 14th) marks Mother's Day in the UK, a chance to say thank you, remember and think of loved ones.

    Across the UK there are over 4.6 million mums with dependent children, and in addition it is estimated 6.1 million (39%) of young ...

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  • Looking for love?

    TomS - Head Tom Simper Feb 14, 2021, 12:00 PM
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    Housing market demand soared in 2020 with many buyers looking for the perfect match.

    1,041,610 buyers found 'the one', with many more hoping to exchange over the next few months.

    The pandemic caused the heart to desire green space, garden was the most searched for ...

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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

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