Liverpool Property News

  • The race to rent

    Gill - Head Gillian Bell Jul 9, 2024, 15:00 PM

    With peak rental season underway, homes to rent continue to be in high demand and are renting quickly. The median time on the market from listing to finding a renter is just 12 days meaning that over half of all homes are being rented in ...

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  • Medium-term outlook – sales price forecasts have improved

    Gill - Head Gillian Bell Jun 21, 2024, 12:30 PM

    Mid year is a good time to reflect on the market outlook for the rest of 2024 and beyond. Notably, recent revisions to house price forecasts show a more optimistic outlook for this year.

    Whilst cuts in the Bank of England bank rate have yet ...

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  • Gearing up for world bicycle day

    Rebecca Galgut Jun 4, 2024, 14:00 PM

    Cycling is good for our health and wellbeing and, because it is one of the most sustainable modes of transport, it's good for the planet too. That's why we mark World Bicycle Day every June, to encourage more people to take to two wheels.

    The ...

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  • City ranking

    Gill - Head Gillian Bell May 20, 2024, 12:00 PM

    The top 3 places best placed to experience rental growth are: Reading, Bristol, and Milton Keynes, according to new data from PriceHubble.

    Reading has recently benefited from the opening of the Elizabeth Line (Crossrail), drawing in a new demographic of renter and also is well ...

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  • It's time for terraced homes

    Gill - Head Gillian Bell May 1, 2024, 13:00 PM

    Terraced houses are the property type selling the quickest across the UK, at an average of just 56 days, followed closely by semi-detached houses at 58 days.

    Flats are taking an average of 75 days, while detached houses are taking the longest to sell at ...

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  • Shining a light on energy-efficient homes

    Gill - Head Gillian Bell Apr 9, 2024, 10:30 AM

    Buyers are increasingly looking for more energy-efficient homes, with 39% of survey respondents noticing greater interest from buyers, an increase from 34% when the same question was asked last year.

    43% stated that sellers were looking to attach a premium to homes that are more ...

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  • Housing and wider economic outlook

    Gill - Head Gillian Bell Mar 22, 2024, 10:00 AM

    Monitoring the outlook for various economic indicators gives us a good view on both the current and future direction of the housing market.

    At the Bank of England March meeting the bank rate was held at 5.25% but the governor announced "We are on the ...

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  • Spring Budget 2024

    Gill - Head Gillian Bell Mar 6, 2024, 14:30 PM

    The Spring Budget this year felt very much like a keep calm and carry on budget for the housing market. There were no dramatic policy announcements to interrupt usual housing market activity.

    Better inflation forecasts from the Office of Budgetary Responsibility are good news for ...

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  • Garden rooms can add 5%

    Gill - Head Gillian Bell Feb 20, 2024, 11:00 AM

    Spring is around the corner with seven-spot ladybirds, daffodils and snowdrops emerging across the country. Naturally our attention is turning to gardening and planning what to do with our outdoor space.

    Research by The Motley Fool found that adding a quality garden room is the ...

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  • Interest rate outlook

    Gill - Head Gillian Bell Feb 2, 2024, 14:00 PM

    The Bank of England held the Bank Rate at 5.25% in its February 2024 meeting. The Bank Rate has been at this level since August 2023. Given current economic data, it is more likely that interest rates will be cut in the second half of ...

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  • January jump in asking prices

    Gill - Head Gillian Bell Jan 17, 2024, 10:15 AM

    The average new seller asking price rose by 1.3%, the biggest price rise for January since 2020. This is over double the 20-year average of +0.6%.

    As mortgage rates fall and the economic outlook brightens, buyer demand is improving, with 42% of agents reporting that ...

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  • Is AI reshaping the property industry?

    Gill - Head Gillian Bell Jan 3, 2024, 10:00 AM

    Artificial Intelligence left its imprint on the property market landscape in 2023, starting to reshape the way things operate.

    48% of estate agents reported using ChatGPT or equivalent in their business (compared to 38% in May), and a further 19% were exploring it in use ...

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  • Second home hotspots

    Gill - Head Gillian Bell Dec 16, 2023, 14:00 PM

    Cornwall has been ranked as the top hotspot in the UK for second homes, with 9,425 currently located there. Kensington and Chelsea came second with 5,355, and Westminster third with 4,390.

    Kensington and Chelsea tops the charts for the highest total value of second homes ...

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  • Days of Christmas | Oh! Christmas tree

    Gill - Head Gillian Bell Dec 7, 2023, 11:00 AM

    Resplendent with twinkling lights and cherished ornaments, the Christmas tree is a symbol of warmth, tradition, and the spirit of giving.

    The average Christmas tree will grow for 15 years before it's ready for sale. In the same time frame, rents have lit up by ...

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  • Autumn Statement 2023 Key headlines

    Gill - Head Gillian Bell Nov 25, 2023, 10:30 AM

    In the Autumn Statement, the Chancellor announced support for low-income renters by raising the Local Housing Allowance to cover the lower 30% of rents. This will give 1.6 million households an average of £800 of support.

    Cuts to employee National Insurance from 12% to 10% ...

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  • First-time buyer funding

    Gill - Head Gillian Bell Nov 9, 2023, 11:00 AM

    The average deposit paid by a first-time buyer was £43,693. Perhaps unsurprisingly, almost two-thirds (63%) were in the top 40% income bracket.

    Just over two thirds (68%) of first-time buyers paid less than a 20% deposit, while a fortunate 5% were mortgage-free.

    85% reported funding ...

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  • Rental affordability

    Gill - Head Gillian Bell Oct 21, 2023, 13:00 PM

    Although earnings in the south of England are generally higher than in other parts of the country, anyone needing to rent a home, will have to give up a higher proportion of their income just to cover the rent.

    ‘Rental affordability’ is a good indicator ...

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  • More renters are small business owners

    Gill - Head Gillian Bell Oct 6, 2023, 12:30 PM

    Newly released data from the 2021 census shows that there were significant changes in the make-up of people living in the private rental sector in the last decade.

    There was a 17% jump in the proportion of private sector renters working in higher managerial and ...

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  • Transactions and prices – moving in tandem but to different scales

    Gill - Head Gillian Bell Sep 18, 2023, 11:00 AM

    There were just over one million residential sales across England and Wales in the year to end July. This is -11.4% below the volume a year ago.

    Whilst it is lower than the high transaction volumes experienced during the pandemic, it is only 7.8% below ...

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  • Only 24% of second homes are used solely for that purpose

    Gill - Head Gillian Bell Aug 30, 2023, 14:00 PM

    Latest data from the English Housing Survey reveals that there are 3.3 million second homes. Of that, the vast majority are rented out (69%).

    A small portion are second homes which are due to be rented out or sold shortly (6%) and a very small ...

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About The Blog

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

Gill Bell - Editor

Gill - Head

Liverpool is one of the fastest growing areas in the North West with some of the best rental yields.  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.

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