Liverpool Property News

As the story goes, one of the wise men gave the gift of gold but gifting a home might have been more financially prudent.

The average price of a house in the UK is currently £294,559, this is a 73% increase in value compared to ...

41 councils across the country have been allocated funds to kickstart regeneration projects which could deliver over 2,200 homes for local communities.

So far, only £35 million of the £180 million Brownfield Land Release Fund 2, announced earlier this month by the DLUHC, has been ...

Home moves can be triggered by dreams and desires as much as necessity – as proven by the post-Covid trend for lifestyle change.

However, almost a third of moves were ‘needs-based’ according to a survey of 10,400 home movers by the Property Academy in summer ...

With rising interest rates and more challenging affordability (especially for first-time buyers), sales volumes will likely slow in 2023.

Uncertainty has an impact on housing market activity; with a new Prime Minister and Chancellor there is hope that this extra layer of uncertainty clears.

Current ...

The attention focused on energy bills and the cost of living crisis might be influencing more people to consider buying a new home.

Over half (51%) of home buyers would consider buying a new build and 17% of them are looking only at brand new ...

In the September meeting, the Bank of England increased its bank rate to 2.25%. Its seventh consecutive rise and again increasing the rate by a significant amount (+0.5 percentage points).

Many UK borrowers are protected from any immediate increase by fixed rates (representing 94% of ...

The cost of living crisis threatens progress towards the UK's Net-Zero ambition, as 45% of homeowners prioritise everyday bills over upgrading their homes (34%), according to recent findings from the RICS and You Gov.

Over half (51%) of homeowners who hadn't already installed new energy ...

Properties continue to go under offer more quickly than pre-pandemic, but the time taken to complete a sale has risen. Conveyancing delays remain a significant issue.

In 2019 a survey of home movers found 55% of sales completed within 3 months. This fell to 45% ...

There are less than three months left for First Time Buyers to benefit from the Help-to-Buy Equity Loan scheme. The deadline for new applications is 6pm on 31st October 2022.

The Equity Loan scheme has helped over 300,000 First Time Buyers take a step onto ...

While we wait for the 2021 census housing data we look to the newly published 2020/21 English Housing Survey data to help us understand the changing relationship we have with our homes since the last census.

Since 2011/12, owner occupiers have seen a drop in ...

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 ...