Liverpool Property News

After the last couple of years of high growth, latest evidence shows that rental growth rates are slowing.

Across the largest cities in the UK then the average rate of rental growth slowed to 8% from 10% a year earlier. In London the slowdown has ...

With a new academic year just getting underway; it makes a good time to reflect on the huge scale of student demand and how many live in purpose built student accommodation (PBSA) or in the wider private rental market (PRS).

Overall in the private rental ...

The Bank of England voted to keep rates at 5% in the September meeting, having cut them in August, stating more cuts are on the cards if inflation stays low.

The latest consensus forecast for the Bank rate is to be 4.7% in Q4 2024, ...

July data just released by the Bank of England saw a pick-up in mortgage approvals to just shy of 62,000, the highest monthly rate since the Truss mini budget in September 2022.

This July mortgage data precedes the Bank of England's first interest rate cut ...

After starting the year with a moderation of -1.7%, annual house price growth has recovered to 2.7% in June, bringing the average price of a property to £287,927.

This is the first month since April 2023 that all UK regions are recording positive annual price ...

The government has made clear its commitment to getting new homes built to address the housing crisis and surveys show that growing numbers of people are on-side with the idea of new developments.

But, it will be challenging. Only 114,000 new homes were built in ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...