Liverpool Property News
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St David's Day
St David's Day, which was on Monday 1st March, celebrates the patron Saint of Wales, Wales home to over 3 million people, 4.7% of the UK population (ONS).
Dragons, daffodils and leeks are the symbols most closely associated with Wales, over 800 property transactions recorded ...
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National Parks premiums
The UK is home to 15 National Parks and the government has recently announced plans to create new National Parks as part of the Environmental Plan.
National Parks not only protect the country’s rich wildlife and biodiversity, they also provide desirable places to live. A ...
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Homes changing hands increase
An estimated 1,041,610 residential sales completed in 2020. In spring the housing market paused for several weeks and despite this, sales were only down -11% on 2019.
129,400 homes changed hands in December 2020, 32% higher than December 2019 and a monthly increase of 13%....
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Lockdown savings
The pandemic reduced spending for many households and government policies have helped support incomes. This has led to 28% of households saving more during the pandemic.
42% of high-income employed households saved more during the pandemic compared with 22% of low-income employed households. Retirees also ...
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What's ahead for 2021?
What will the New Year bring? Dataloft consensus house price forecast, based on the average from five leading commentators, expects 0.9% growth 2021.
Published forecasts for 2021 range from mildly negative to strongly positive. Rightmove forecast a 4% rise in 2021, Zoopla 1%, Knight Frank ...
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Dataloft Days of Christmas - Day 7
According to Zoopla, ‘Garden’ was the most popular search term throughout 2020 for both buyers and renters. The Property Academy Home Moving Trends Surveys 2020, analysed by Dataloft, found that priorities had changed since the start of the pandemic, and a garden had become more ...
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Home movers tempted by new build property
Almost half of home movers will consider buying a new build property according to the Property Academy Home Moving Trends Survey 2020, analysed by Dataloft.
Energy efficiency is the main reason why home movers would purchase a new build. Respondents aged 55+ felt even stronger, ...
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Housing market adds to the economy
For every residential property resale, an average of £9,559 is added to the UK economy. That is an estimated £6bn added to the UK economy so far this year.
On average £5,400 is spent on renovations and new household goods, £3,100 on estate agency and ...
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Ideal length of lease varies
There is a substantial mismatch between current lease lengths and ideal lease lengths. However, there is more to it than that. Opinions on ideal lease length vary with age and household types.For renters aged over 45, the ideal lease length for most is 24 ...
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Best Letting Agent in L3
Congrats to our Liverpool Branch Manager Gill for receiving the gold 'Best Letting Agent in L3' award from allAgents!
Call us on 0151 214 3480 to discuss your property today! -
Deadline closes in on stamp duty holiday
With the stamp duty holiday set to end on 31st March 2021, buyers should get a move on if they want to take advantage of stamp duty savings of up to £15,000.
In normal market conditions most sales agreed before the new year will complete ...
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How energy efficient are rented homes?
The government has proposed to increase the minimum energy efficient standards for the private rented sector to EPC Band C by 2030. Consultation is underway and finishes at the end of the year.
Around 5 million households across England and Wales live in the private ...
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The recovery of mortgage approvals
Mortgage approvals in August saw a 29% annual increase. The lockdown backlog is clearing and increased buyer demand, generated by the stamp duty holiday and lifestyle changes, has boosted figures.
190,902 mortgages have been approved in the last 3 months, -4% below the same time ...
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Migration season for students
During university, 29% of students live in the private rental sector and following graduation, 47% plan to live in the private rental sector.
With nearly 1.9 million students attending university full time in the UK, a potential 551,000 students will move into a private rental ...
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Challenges of a first-time buyer
While attention is focused on equity-rich buyers making lifestyle changes, it’s easy to overlook the first-time buyer for whom buying has become a little more tricky – and avocado on toast is not to blame.First-time buyer property prices have risen from £142,473 in 2010 ...
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Recovery continues for sales
The housing market recovery continues. 70,710 transactions completed in July, 14.5% up on June. Numbers are still down on last year but the surge in new ‘sales agreed' will boost completions over the next few months.
8,930 more sales completed in July than in June. ... -
House prices hotting up
The weather isn't the only thing to be hotting up. House price indices report annual growth across the board.
Nationwide July House Price Index reports a 1.5% annual increase in house prices and a monthly increase of 1.7%
Halifax July House Price Index reports a ... -
Stamp duty holiday deadline
With just over 35 weeks of the stamp duty holiday left, and with the average property taking 18 weeks to sell, vendors have 17 weeks to list their properties if they want to make the most of the stamp duty holiday.
According to The Advisory, ... -
How green are our homes?
Climate change was high up the agenda before Covid-19 – most forecasters predicted climate change as the big theme for the property market in 2020. Last week the Chancellor put it back on the agenda.
Energy efficiency of houses in England has improved over the ... -
How far do tenants move?
Dataloft Rental Market Analytics allows us to understand the movement of tenants. Pre-pandemic a quarter of tenants moved less than 1 mile and 5% moved from overseas, will the patterns change?
In the UK 25% of tenants move less than 1 mile, the North East ...
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
T: 0161 707 4745
E: [email protected]