Levenshulme and Burnage Property News

The number of households living in the private rented sector (PRS) has grown by 1.1m in ten years across England and Wales. At 20% of households, this is up from 17% in 2011.

All regions have recorded growth in the PRS since the last census ...

An average of economists and housing market commentator forecasts over the next 5 years expect the rental market out perform the sales market, at 3.3% compared to 0.9% per year.

The sales market could see falls in average prices of homes by -7% by the ...

The Central Council of Church Bell Ringers estimates it takes two and a half years to learn the basics of ringing bells. Fortunately ringing estate agents is a little easier.

From booking viewings to agreeing offers, when contacting an estate agent, over two thirds (69%) ...

Congratulations to our Levenshulme Team for winning Best Lettings Branch and Best Sales Branch in the allAgents 2022 awards!

Call on 0161 257 2441 to discuss your property now!

There may not be a train line to the North Pole yet, but with the country returning to pre-Coronavirus normality, people commuting via public transport is on the rise again.

A shorter commute is important in a property for close to two-thirds of renters and ...

As any football mad person, I have been enjoying watching the world cup so far even if I don’t agree with where it is held. I was thinking the other day about the changes of prices for both sales and rental properties with the local ...

The UK's top ten mortgage lenders lent an eye-watering £260 billion in 2021, increasing their market share to 84.4%, up from 82.4% in 2019 (data released in August 2022, UK Finance).

The top 4 lenders retain their rankings with Lloyds Bank in first place followed ...

Humans are social animals, forming societies and seeking contact with others for well-being purposes. It is not therefore surprising that buyers and renters look for a sense of community in their new home search.

Three quarters of home movers rated the local community as 'Important' ...

Recent political instability added to volatility in the financial markets and pushed up the cost of borrowing.

Swap rates are a good indicator of what to expect in borrowing costs because they reflect what borrowing costs for the lenders. 5-year swap rates rose to 5.6% ...

84% of home movers seek financial advice at some point during the buying process. The majority (64%) do this prior to purchasing.

Of movers who seek advice and require a mortgage, 39% use an agent’s recommendation for their choice of mortgage provider, rising to over ...

94% of households within England and Wales are within one mile of an accessible woodland, despite the loss of almost half our ancient woodlands in the last 80 years.

Access to woodlands isn't just limited to the countryside. Across built-up areas there are, on average, ...

House prices are significantly higher in the catchments of Ofsted 'outstanding' primary schools, even compared to those ranked 'Good' in their Ofsted report.

Average sale prices are 10% higher around a primary school with outstanding status, (based on £ per sq ft and compared with ...

The number of planning applications submitted for residential property in England and Wales was 16% lower in the first half of 2022 than in 2021, at 218,640.

Across all regions, application numbers in June were lower than a year ago. The steepest fall was in ...

At £14bn the value of unspent paper £20 and £50 notes equates to the equivalent of over 50,000 average priced homes.

After the 30th September 2022 paper £20 and £50 notes will no longer be legal tender in the UK. At the last count the ...

Over 75% of renters are concerned about the impact of the cost of living crisis on their ability to pay rent, according to a survey of over 12,000 renters nationwide conducted by Dataloft with HomeLet in May 2022.

Generation Z renters are the most concerned, ...

The government has outlined significant changes to the private rented market in the Fairer Private Rented Sector White Paper. The measures will form part of the Renters Reform Bill annouced in the Queen's Speech.

Section 21 so called 'no-fault' evictions will be banned, as will ...

There is a very strong relationship between GDP growth rates and house price growth – this relationship stretches all the way back to the early 1980s.

Assuming this historic relationship holds true, we can expect house price growth to slow later this year, as GDP ...

UK interest rates were raised for the fourth time since December (on 5th May 2022), by a quarter of a percentage point to 1%. This is the fastest increase in borrowing costs in 25 years.

Inflation is running at 7%, which is more than three ...

Almost three-quarters of people are worried about the energy efficiency of their homes given the ongoing energy crisis, according to a recent survey by the Home Builders Federation (HBF).

The highest levels of concern are among females (81%), those aged 35-44 (86%) and those living ...

More than one in four private rental households could be headed by a person over the age of 55 by 2035 according to a new report by the Social Market Foundation.

A greater proportion of current renters in this age group consider an unfurnished property ...