Manchester Property News
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Days of Christmas | New year, brand new home
Spending time at home over Christmas often prompts thoughts about redecorating, renovating or even moving altogether.
Perhaps it’s the chaos of homes packed with guests or the challenges of running older properties during the winter, but when it comes to moving, the benefits of brand ...
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Days of Christmas | What's on the wish list?
One timeless tradition that adds a sparkle to the holiday spirit is the creation of Christmas wish lists. Every year, many people write a list, hoping to receive the gifts of their dreams.
At the top of home movers wish lists for their agent are ...
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What to Consider When Buying Your First Home
Whatever your age, buying your first home is an exciting milestone that marks a significant chapter in your life. It's a dream for many, but the process can be daunting and complex sometimes. To make this journey smoother, at Peter Anthony we’ve been dealing with ...
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Days of Christmas | Gold, Frankincense and Myrrh
The Three Wise Men followed a star in search of the newborn king, giving gifts of gold, frankincense and myrrh. However, gifting a home may have been a better financial move.
The average price of a home is currently £291,385, a 65% increase in value ...
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Buying vs. Renting: Making the Right Choice for You
One of the most significant decisions many families and individuals face is whether to buy a home or continue renting. This choice can be influenced by a multitude of factors, including financial stability, lifestyle preferences, and long-term goals. As an independent award-winning family run ...
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How long do we stay in our homes?
People move more often than they expect to, one of the findings revealed in the recently-released Property Academy Home Moving Trends Survey.
While just 23% of home movers expect to move within the next six years, the reality is that one third are likely to. ...
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Bank rate hold benefits swap rates and mortgage rates
The Bank of England held the bank rate at 5.25% in their November 2023 meeting. Interest rates, through mortgage affordability, are a key determinant for the residential market outlook.
Consensus forecasts compiled by HM Treasury suggest that interest rates are at their peak. Year end ...
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Food supplements
Restaurants are at the core of our communities and play a vital role in economic growth and revitalising areas. A good range of local restaurants can attract homebuyers to an area.
Despite cost of living pressures, new restaurants continue to open. There were more than ...
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How to Maximise Curb Appeal: A Guide to Selling Your House Fast
Curb appeal is the first impression a potential buyer has of a property. It's the art of making your home look attractive from the street, enticing people to want to step inside and see more. At Peter Anthony, we know the importance of curb ...
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Where do students live?
The number of students in house shares in the private rented sector (other rented accommodation), has steadily increased since 2014/15. The number 'in own residence’ has also climbed.
With an average 2.9 students vying for each bed in the UK, the student sector is undersupplied. ...
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Mind the gap!
High costs of borrowing mean buyers are being cautious, one of the reasons why seven in ten agents are saying that it is now a buyer's market.
Buyers with a reluctance to overstretch are coming up against optimistic sellers, resulting in a growing disconnect between ...
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Selling A House With Tenants
Selling a property is a decision that involves numerous considerations. When your property has tenants, these considerations multiply, adding layers of complexity to the process. If you’re a landlord contemplating selling your home but you're unsure where you stand, this comprehensive guide by us, ...
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How to rent out your property
However, navigating the process of renting out your property requires careful planning, legal compliance, and effective management. In this comprehensive guide by Peter Anthony, we'll walk you through all the essential considerations to successfully rent out your property in the UK.
How ...
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Early signals of demand in the rental market
Interest in finding a new rental home is distinctly seasonal, with periods of high and low interest coinciding with holidays and other events.
We analysed search terms put into Google over the past five years and found that the query ‘flats to rent near me’ ...
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The student summer migration
As another academic year draws to a close, the great student migration begins. The number of students starting new leases in July was 48% higher than in the previous month, increasing competition and putting more upward pressure on prices.
Average rents rose 3.8% month-on-month, in ...
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Find out what your home is worth
Are you considering selling your property but uncertain of its value? This guide by Peter Anthony is for you.
The first initial step when selling a house is to obtain a valuation for your property. You could be pleasantly surprised by the increase since ...
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Downsizing? How to spend your equity
Over 8.1 million owner occupiers in England and Wales now own their homes outright. This constitutes 52% of owner occupiers, rising to over 90% of those aged 65 or more.
Based on sales price data from the Land Registry, downsizing from a 4 or more ...
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Interest-only mortgages declining but may see a resurgence
The era of more prudent mortgage lending since the Global Financial Crisis means that interest-only mortgages have become a much smaller proportion of new mortgage lending.
In 2007 over 40% of new mortgage lending was on an interest-only basis. On the latest data, interest-only is ...
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A First Time Landlord Guide
The housing market is currently experiencing a significant surge. Whether you currently own a property or are contemplating the idea of purchasing one for rental purposes, becoming a landlord has never been a more astute investment decision.
By renting out a property, you can generate ...
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Who buys a rental property?
Buy-to-let investors remain an important sector of the market. Close to 30% of agents state that when a rental property is put up for sale the most likely purchaser is an investor.
According to Zoopla, 11% of homes currently for sale were formerly rented out. ...
About The Blog
This Blog looks at what is happening in Manchester, the property market, events and community news along with investment ideas and tips for those loosing to invest in the area.
Tom Simper - Editor
Manchester is one of the fastest growing markets in the country. If you need any assistance buying, selling or letting properties in the area we have over 30 years of experience and local knowledge to help.
T: 0161 441 0563
E: [email protected]