Levenshulme and Burnage Property News

The latest ONS data shows that UK house prices have increased by 3.4% to £237,834 in the year to June 2020. The mini post lockdown boom pushes house price growth to the highest level since March 2018.

House prices in East Midlands saw the largest ...

July's mortgage data confirms a spike in housing market activity. Mortgage approvals are almost back to 'normal' levels, however newly agreed sales are much higher, suggesting a surge in cash buyers.

66,281 mortgages were approved in July, -0.9% annual decrease. 70,700 sales completed in July, ...

A recent study revealed that homes with a south facing garden achieve a 7% asking price premium and on average sell 2 days faster.

Three and four bed properties with south facing gardens were compared to non-south facing properties, for asking price and time to ...

With just over 32 weeks of the stamp duty holiday left, and with the average property taking 18 weeks to sell, vendors have 14 weeks to list their properties if they want to make the most of the stamp duty holiday.

According to The Advisory, ...

Transactions have increased, mortgage approvals are up and house price growth looks strong. With the stamp duty holiday creating increased demand, we expect this positive trend to continue.

Nationwide house price index showed an annual increase of 1.5% in July. This follows some cautious June ...

During lockdown it was reported that 60% of the workforce were working from home. With the average daily commute in the UK 59 minutes and an average worker spending £45 per week, a lot of time and money has been saved in lockdown.

If the ...

The rental market is about to enter its busiest time of the year. Analysis from Dataloft Rental Market Analytics reveals that 40% of tenancies are set to expire in July, August and September.

Usually the surge in activity is a combination of students seeking accommodation, ...

The Chancellor announced a stamp duty holiday from July 8th to 31st March 2021. Buyers of main homes will only pay stamp duty if the price is over £500,000. Investors will just pay the 3% surcharge.

Home movers and investors benefit most. A main ...

Currently only 31% of Britons' second homes are purchased in the UK. With staycations on the rise, accelerated by Covid-19, could we see an increase in holiday homes purchased in the UK?

Pre Covid-19, the number of people holidaying abroad was slowing. In 2019 there ...

Today is Father's Day.. Many will be looking forward to a socially distanced meet up, but with more than a quarter of young adults still living with parents, there is no need.

In the UK, 3.5 million young adults, aged between 20 and 34, live ...

Dataloft Homemover Survey gauged the initial views from potential buyers and seller following the re-opening of the housing market.



95% of vendors still intend to sell with a large proportion prepared to make the step as soon as possible or at least within a few ...

The government has announced investment of £250 million into greener transport. Encouraging pop-up cycle lanes, wider pavements, safer junctions, school streets and bus only corridors.



Since lockdown, the number of people on bikes has grown by 70% and interest in bikes has increased by 118%. ...

Real Rental Affordability (RRAff) is our measure of assessing renters' spending power in a local market. Our calculation compares individual gross incomes to the rent that they are responsible for paying.

The average renter spends 27% of their income on rent in England and Wales. ...

Sellers would usually be reluctant to leave their properties on the market too long. However, at the moment the majority of vendors are continuing to market their homes, despite little likelihood of a sale, in the hope that armchair purchasers are spending lockdown browsing the ...

• Self-distancing has meant many of the UK’s 27.8 million households and 19.2 million families will have spent more time playing games.
• 85 years old this year, Monopoly takes 2 spots in the top 5 Amazon best seller board game list. Back in 1935 the ...

• ‘Garden' was the second most popular search term for prospective purchasers across the UK in 2019 according to research by Zoopla, with other amenities such as ‘garage’ and ‘parking’ also among the top three.
• It is estimated around 90% of UK households have ...

I have been asked a lot over the last couple of weeks what effect COVID19 is going to have on the local housing market? I wish I knew the answer to that question, but at the moment we are taking things day-by-day and trying to adapt!

What ...

1.1 million more women are in work today than five years ago, with women aged 25 to 64 years the main drivers of increases in employment over the past five years, according to data released by the Office for National Statistics.

Five years ago nearly ...

• The Chancellor of the Exchequer has delivered a multi-billion spending budget, with significant investment for tackling the coronavirus outbreak and infrastructure improvements.
• The Affordable Homes Programme has received a new £12 billion multi-year settlement, with £1.1 billion to support 70,000 new homes in high-demand areas ...

• 40% of UK households own a pet, yet only 7% of landlords advertise homes as suitable for pets. It is no wonder many people struggle to find a pet-friendly home.
• Research conducted by the Property Academy found that 35% of all tenants would be willing ...