We’ve won Best Lettings Branch of the Year in L3!
Our Liverpool team has won Gold in the allAgents awards! Well done to our team for winning best lettings branch of the year in L3. Call on 0151 214 3480 to discuss your property now!
Dataloft Days of Christmas Part 4
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 10 years ago (£170,295). In comparison, the value of gold […]
New round of Government funding to boost urban regeneration
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 allocated. The remaining £140 million will be distributed over the […]
Need to move
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 2022, prompted by a growing family, job relocation, divorce, ill […]
Sales volumes likely to be lower in 2023 as affordability becomes more challenging
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 sales volumes are just over 1.2 million a year; a […]
Buyers attracted to energy efficient new homes
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 homes, according to the Property Academy HomeMoving Trends Survey 2022. […]
Interest rates are rising
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 new mortgages*) but borrowing costs are rising for many existing […]
Energy saving in the balance
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 saving measures (but knew how to), cite costs as the […]
Moving home: expectation vs reality
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% in 2021. Early indications from the 2022 survey suggest that […]
Help to Buy deadline approaches
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 the housing ladder since it was first introduced in April […]