Manchester Property News
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Later life mortgages on the rise
Mortgage lending in later life is on the rise. The age of first-time buyers, an increase in the length of mortgage terms and an ageing population all causes.
UK Finance report over half of new homeowner loans issued in the first six months of 2021 ...
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Pets please
While tenant demand has risen 13% over the past year, demand for pet-friendly rental properties has more than doubled, enquiries to letting agents for pet-friendly rentals up 120% (Rightmove).
Over half of UK adults are now thought to own a pet, the majority dog (26%) ...
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Record-breaking house price growth
The UK experienced a 13.2% annual increase in house prices in June 2021. This is the largest annual increase recorded since 2004.
The average price of a UK house now stands at a record high of £265,668, which is £30,965 higher than the same time ...
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Going for gold
Team GB are bringing home the medals at Tokyo 2020, but property not gold has proved the best investment proposition in recent years.
The average price of residential property has increased by 46% over the last 10 years, over double that of gold.
Over the ...
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Sticking with it
Research by Rightmove indicates the vast majority of sales will continue if buyers miss the June or September SDLT deadlines.
A proportion of buyers (25% Rightmove, 42% Dataloft subscriber poll) are likely to renegotiate on price and this may well act as a brake on ...
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64% of UK residents won't buy a property without a garden
As summer officially begins this week, gardens and outside space remain priorities on buyer wish lists. Nearly two-thirds of residents wouldn't buy a property in 2021 without outside space (Rated People).
Gardens are currently the most sought after property feature for buyers according to results ...
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26% increase in buyer demand since the start of 2021
Housing market momentum has been maintained following the original stamp duty deadline in March 2021. The Dataloft Demand Index shows a 26% increase in housing market demand since the start of 2021.
An estimated 117,860 transactions completed in April 2021, 21% higher than the April ...
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Rental market accelerates
Tenant demand is rising substantially. For agents in the lettings market, the busy season is approaching.
Analysis of tenancy start dates based on data from the past 5 years indicates the market starts to accelerate in June, with nearly one third of all tenancies starting ...
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Average mortgage rate remains historically low
The cost of borrowing remains historically low according to new data released by the Bank of England, the average mortgage rate just 2.09%.
This rate has remained unchanged since the start of 2021, with gross mortgage lending in March hitting its highest ever monthly total ...
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Outside dining and drinking reopens in England
Last Monday (12th April) marked the opening of outside dining and drinking in England, with the potential to create a European-style café culture.
With only 38% of hospitality venues across Britain having access to outside space, many have had to apply for a pavement license....
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Egg-cellent!
£153 million is set to be spent on Easter Eggs across the UK this year, the egg-quivalent to a nest of 574 average priced homes
Egg-spenditure on Easter eggs this year is egg-spected to be cracking £48 million more than in 2020, the easing of ...
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Making sense of the Census
Sunday 21st March, Census day in England and Wales. By law all households must complete their form.
The census has taken place every 10 years since 1801, except in 1941 (WWII). The first census based on households took place in 1841. The population has changed ...
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Females fly the nest first
This Sunday (March 14th) marks Mother's Day in the UK, a chance to say thank you, remember and think of loved ones.
Across the UK there are over 4.6 million mums with dependent children, and in addition it is estimated 6.1 million (39%) of young ...
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Looking for love?
Housing market demand soared in 2020 with many buyers looking for the perfect match.
1,041,610 buyers found 'the one', with many more hoping to exchange over the next few months.
The pandemic caused the heart to desire green space, garden was the most searched for ...
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Dataloft Days of Christmas - Day 9
British Christmas Tree Growers Association members have reported 2020 as the busiest year they have ever had. An estimated 10 million real Christmas trees will be sold, up from 8 million last year. That means that 36% of UK households will have a real Christmas ...
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Dataloft Days of Christmas - Day 5
437 transactions have taken place over the last 25 years in England and Wales on 265 different homes, all with the word Christmas in their name. Examples include: Christmas House, Christmas Barn, Christmas Steps and Christmas Farm. Source: Dataloft, Land Registry
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We've won in the allAgents Awards
Congratulations to all of our branches for winning in the 2020 allAgents agent awards!Read More
Congratulations to our Levenshulme branch for winning gold on both best lettings branch of the year and best sales branch of the year in M19!
Well done to our Liverpool branch ... -
Your Property Doesn't Need to be in Lockdown
With the upcoming Lockdown, you may be worried that your property will be in lockdown too - but it doesn't need to be. Here at Peter Anthony we offer virtual tours so that virtual viewings can take place during lockdown.
Book in for your free ... -
City Centre Flat Available to Rent
2 Bedroom, 2 Bathroom apartment in City Centre, £750pcmRead More
Peter Anthony are delighted to offer TO LET this two bedroom two bathroom apartment with parking on Blackfriars Street close to Manchester City Centre.
The location of the property is highly desirable being close ... -
Thank you to NHS Heroes, Carers and Key Workers
Thank You
We just wanted to say a big thank you, from all the team at Peter Anthony, to NHS workers, carers and key workers, who are putting their lives on the line trying to save ours.
Our Covid-19 ResponseOur priority is to ensure ...
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]