Liverpool Property News

The first results of the 2021 Census published on June 28th show the population of England and Wales was 6% higher on Census day 2021, compared to Census day 2011. The number of households was also 6% higher.

Over the same period property prices rose ...

Before the £15bn support package was announced in May, the cost-of-living crisis seemed very likely to dent confidence in the housing market.

Real disposable household income is a good measure of the cost of living. It tracks the impact on average incomes of changes in ...

Traditionally, those living in private rented homes have tended to live close to their place of work. This is often a lifestyle choice to minimise commute times/cost and to enjoy city living.

Across England and Wales, the distance renters live from their place of work ...

More than 1 in 3 are in the process of, or are considering moving home, according to a survey of 3,000 respondents conducted by Nationwide in April.

Housing market activity remains buoyant, despite increasing pressure on household budgets which is impacting consumer confidence.

A desire ...

Nearly 1,700 property sales have taken place on Easter- related addresses over the past 12 months. At £731 million, their sales value is significantly more than the £415 million set to be spent on Easter Eggs.

88% of Easter-related sales included 'Cross' in the address, ...

The Chancellor warned that the global economic outlook is 'challenging' in his Spring Statement. The OBR has lowered its economic growth forecast to 3.8% this year, down from the 6% forecast in October.

Property price growth is expected to outperform economic growth this year, averaging ...

Government targets state that by the end of 2025 new lets will require an Energy Performance Certificate (EPC) rating of band C or above.

Just over half (51%) of all rental properties let out over the last 12 months had an EPC of band C ...

The UK recorded average house price growth of 10.8% in 2021. This is the strongest annual growth at the year end since 2002.

The average price of a UK home now stands at £274,712, marking another record high. House prices increased by nearly £27,000 over ...

Change of scenery/lifestyle remains a key driver behind home moves, as the persistent shortage of supply has held back potential home moves.

Change in lifestyle/scenery becomes a more significant reason as the value of the home rises, peaking at 21% in the £750k – £1m ...

Last year a record £29.4 billion was invested in the UK's tech sector, more than double the previous year. This is positive news for regional economies and housing demand.

A quarter of the UK's 115 unicorns (start-ups worth $1bn+) were created in 2021. Nine of ...

Affordability/rental costs top the renter wish list when it comes to choosing a home, followed by pleasant neighbours and broadband speed.

However, in terms of the added extras, most renters would pay a monthly premium (£50 in London, £40 outside) for certain features, just 28% ...

Nearly 20,000 sales have taken place over the past year priced £1 million or more. Over half of these have been outside of the capital, compared to just 41% back in 2018/19.

High value areas in desirable locations have seen high levels of activity, the ...

October saw mortgage approvals return to more 'normal' levels.

The Bank of England report 67,199 mortgages were approved in October, just above the long-term monthly average of 66,462 (based on 2015–2019).

The property market is predicted to return to calmer market conditions during the first ...

Many people move more often than they expect to. This is a key finding of the 2021 Home Moving Trends Survey, conducted by the Property Academy and analysed by Dataloft.

While just 13% of home movers expect to move within the next 5 years, the ...

Congratulations to our branch manger Gill and all the team from our Liverpool office for receiving the gold 'Best Lettings Branch of the Year' award from allAgents!

Call us on 0151 214 3480 to discuss your property today! 

The property market continues to ride the wave as we head to the end of 2021. Although softening, demand remains stronger than a year ago. Sales volumes to date in 2021 are 16% above the 5-year average (Zoopla).

Despite rising inflation and likely interest rate ...

Buyer demand is stabilising according to the latest edition of the RICS Residential Survey.

At a national level the new buyer enquiries indicator posted a net balance of zero in September, a sign of stable demand.

For the third consecutive month the volume of newly ...

Property continues to rise in value. An average of independent forecasts predicts prices will end the year 5.8% higher than at the start.

Annual price growth has moderated since the double-digit figures evident in May and June, however the search for space continues to drive ...

The low interest rate environment the UK has experienced for over the past decade is set to remain, although rates are anticipated to rise.

The consensus forecast, based on the expectations of 18 different city and non-city analysts, expects interest rates will nudge slightly higher ...

A record 45,965 Help-to-Buy equity loans were issued to first-time buyers in the year to the end of March 2021, as appetite from first-time buyers (FTBs) continues.

Over one third of property purchased by FTBs has been priced £200,000 or less, with over half of ...