Levenshulme and Burnage Property News

  • Days of Christmas | Merry moving

    TomS - Head Tom Simper Dec 2, 2023, 10:00 AM

    As we approach Christmas, 61% of respondents say "Ho-Ho-No!" to any refurbishments or fixer-uppers, wanting to move in hassle free in the countdown to Christmas.

    Over a quarter said homes in need of refurbishment are most sought after, on average a merry 8% cheaper than ...

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  • Reasons for renting

    TomS - Head Tom Simper Nov 20, 2023, 12:00 PM

    According to The Property Academy Renter Survey 2023, over a third of renters rent because they don’t have the deposit to buy a home.

    However not everyone wants to buy. A substantial 27% of renters were renting out of choice over necessity, with 37% of ...

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  • Rocketing up: new-build developments

    TomS - Head Tom Simper Nov 3, 2023, 14:00 PM

    Against a backdrop of housing undersupply, some areas are rocketing up in their new building development.

    Newham, undergoing regeneration, leads the rankings with 2,080 dwellings started in 2022–2023 and 1,490 completed in the same time frame.

    Cornwall and Wiltshire were next, with a dazzling 2,040 ...

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  • Demand pressures continue to drive rents higher

    TomS - Head Tom Simper Oct 13, 2023, 15:00 PM

    Almost one in six rental transactions in 2023 have been agreed at above the asking rent, compared to less than one in 15 in 2019, according to new analysis from Dataloft.

    The situation is most marked in London, where 30% of rentals agreed this year ...

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  • Yields on homes of multiple occupancy

    TomS - Head Tom Simper Sep 28, 2023, 14:00 PM

    The cast of Friends were role models for a generation, living the dream in a shared apartment. There are over half a million 'Homes in Multiple Occupation' (HMOs) in England and Wales and they play a key role in keeping costs down for many renters....

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  • Securing a buyer before Christmas

    TomS - Head Tom Simper Sep 8, 2023, 11:00 AM

    For buyers in the market now, the 'move in for Christmas' date is fast approaching.

    Properties are selling quicker than pre-pandemic, with an average of 55 days to secure a buyer, down from 62 in July 2019.

    However, the time taken to complete a sale ...

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  • Everything to play for: Women’s FIFA World Cup

    TomS - Head Tom Simper Aug 22, 2023, 11:30 AM

    Despite heartbreak in the World Cup final, the Lionesses are inspiring a new generation of sportswomen. In England alone, the EURO 2022 legacy created over 416,000 new opportunities to engage women and girls in grassroots football activities across schools, clubs and the community.

    Since the ...

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  • Deposits vary by region for first-time buyers

    TomS - Head Tom Simper Aug 5, 2023, 12:00 PM

    To buy a home in the UK, first-time buyers have an average deposit of between £26,400 and £144,500.

    The average deposit paid by a first-time buyer in the UK is 24% of the purchase price (UK Finance), with many putting down a larger deposit down ...

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  • Swap rates trend lowers after improvement in June inflation data

    TomS - Head Tom Simper Jul 21, 2023, 13:00 PM

    Swap rates give us a good indication of changes to come in mortgage costs – reflecting the cost of borrowing for lenders.

    The 5-year swap rates had settled to around 4% for much of the first half of the year but from May it trended ...

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  • Punnets versus Property

    TomS - Head Tom Simper Jul 4, 2023, 10:00 AM

    The 136th Wimbledon Championship is underway. The All England Club is set to host around 800 players, 679 matches and over half a million spectators before its conclusion on Sunday 16th July.

    Each year at the Championships around £500,000 is spent by spectators tucking into ...

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  • Realistic pricing for market conditions is essential

    TomS - Head Tom Simper Jun 14, 2023, 13:00 PM

    More than 75% of agents state that properties are selling at a reduction on the initial asking price according to the latest poll of Dataloft Inform subscribers.

    With property price growth softening, realistic pricing is paramount to sales success, with many vendors seemingly overly optimistic ...

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  • First-time buyers, who’s buying and for how long?

    TomS - Head Tom Simper May 26, 2023, 12:00 PM

    5.5 million households are currently living in their first-time buyer home, the equivalent of over 35% of all owner occupiers.

    36% of first-time buyer households are single person households. Over 60% are couples with or without dependent children. One in five of those who live ...

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  • Home upgrades to add value

    TomS - Head Tom Simper May 10, 2023, 14:00 PM
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  • Levenshulme & Burnage Sales & Lettings Update

    TomS - Head Tom Simper Apr 26, 2023, 13:53 PM

    Please see latest updates of both the residential sales and lettings markets.

    If you have any questions relating to how both the sale and lettings markets then please don't hesitate to contact me on 0161 257 2441.

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  • Stunning 4-bed Family Home in Burnage

    TomS - Head Tom Simper Apr 26, 2023, 12:00 PM

    Take a look at this fabulous new sales instruction! 


    This beautiful four bedroom home is immaculately presented throughout and offers excellent modern living accommodation over three floors with approximately 1100sqft of living space. This property has to be viewed to be fully appreciated!

    In ...
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  • Renter affordability stretched as rental values keep rising

    TomS - Head Tom Simper Apr 24, 2023, 14:00 PM

    Renter affordability is becoming increasingly stretched as growth in private rental prices continues. On average renters now pay 26.8% of their gross income on rent, compared to 25.7% three years ago.

    Annual rental growth in the UK was 9.8% in the year to March, based ...

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  • Clear relationship between mortgage approvals and sales volumes

    TomS - Head Tom Simper Mar 31, 2023, 14:00 PM

    Official data indicates sales volumes in February were 4% lower than January, while mortgage approvals for the month were 10% higher, the most significant uptick at this time of year since 2011.

    In the 5 years prior to the pandemic, mortgage approvals in February were ...

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  • Price it right

    TomS - Head Tom Simper Mar 13, 2023, 10:30 AM

    With price sensitivity increasingly evident in the property market, understanding local market conditions and pricing realistically are essential to achieve a sale. Zoopla report that while 59% of listings in February had no price reduction, four in ten did.

    8–14 days is the optimum listing ...

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  • Over 1 Million More Households Than in the Census 2011

    TomS - Head Tom Simper Feb 24, 2023, 10:50 AM

    The 2021 census reports that just over 1 million more households live in accommodation classed as being under occupied than in 2011. This is 69% of households.

    An under-occupied household is classed as a household with more bedrooms than required. Conversely, the number of over-occupied ...

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  • Head over heels in love with your home?

    TomS - Head Tom Simper Feb 7, 2023, 14:00 PM

    Buying a home is like falling in love. You can expect to go through the same ups and downs, emotional tugs and pulls, and even similar stages.

    The one that got away? Don't panic, there are plenty more fish in the sea! 2023 is predicted ...

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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

Manchester is one of the fastest growing markets in the country.  If you need any assistance buying, selling or letting properties in the area we have over 30 years of experience and local knowledge to help.

T: 0161 441 0563
E: [email protected]

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