Manchester Property News

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 ...

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 ...

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 ...

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 ...

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. ...

Chelsea Flower Show celebrates its 110th year, with thousands of plants and flowers on display for garden lovers.

Many home addresses feature floral names. Over 1,300 property sales have taken place in the last year on streets bearing the names of some of the UK's ...

Latest data released by HMRC indicates that over 2.1 million UK taxpayers received income from property in the tax year 2020/21, receiving on average a net income of £11,400.

Collectively these taxpayers received a total net income of £24.5 billion (net) in the tax year ...

Professionalism and knowledge top the reasons of why prospective vendors choose their agents, irrespective of age or how experienced a seller may be.

‘Confidence in an agent's ability to market my property', was the most cited reason for choosing an agent, followed by 'liked and ...

An egg-stimated 80 million Easter eggs are sold in the UK each year. Based on an average cost of £5.18 per egg, this egg-quates to an egg-spenditure of over £400 million, the equivalent to over 1,400 average-priced homes.

By property type, this would be more ...

Official forecasts released by the Office for Budget Responsibility expect the UK to avoid recession this year.

Interest rates are now expected to peak at 4.3% in the autumn (0.7% lower than had been forecast last November), while inflation is set to fall sharply to ...

Across the mortgage market product choice is increasing. According to Moneyfacts there are more than 4,300 different deals available. This is the first time since August 2022 that product choice has risen above 4,000.

Competition between lenders in the mortgage market is good news for ...

Mortgage rates have hit the headlines for the last 5 months but rates of arrears remain low by long-term standards. Just 0.88% of all mortgages are in arrears of 1.5% or more, according to the latest data from the Financial Conduct Authority (FCA).

At the ...

Following two months of falls, average new seller asking prices rose by 0.9% in January 2023. This is the largest rise in prices at this time of year since 2020 and is indicative of sellers testing the market.

Rightmove are also reporting other signs of ...

Downsizing to a smaller home can be an opportunity for those looking to save money, and enjoy the equity freed from their home sale. The average price difference between a 3+ bed house and a 2-bed flat in the UK is £161,728.

The scale of ...

Rental price growth is set to outpace sales price growth over the next two years. Driven by a shortage of stock and increased demand, rental growth averaging 3% per year is anticipated for the next 5 years.

The average of the forecasts we have collated ...

The North Pole has an average temperature of-31oC during the winter months. Although not quite as cold in the UK, its cold enough to put the heating on.

For more than three-quarters of home movers energy efficiency and low running costs are important considerations when ...

As households across the nation dust off the age-old recipe for gingerbread houses, we’ve taken a look at what house builders have cooked up recently.

Close to 200,000 new homes were registered in the year to the end of September 2022, the highest total since ...

The Chancellor pledged to face the economic storm, as he announced widespread spending cuts and tax rises in his Autumn Statement on 17th November 2022, to tackle inflation and escalating mortgage costs.

In the short term GDP is likely to shrink by 1.4% in 2023 ...

Halloween spend in the UK in 2022 is forecast to be £687 million, up 15% on last year (Finder).

This growth in spending, spookily, almost matches the house price growth over the last 12 months of 13.6% (Nationwide to August).

A big proportion of that ...

Significant rises to mortgage interest rates will mean fewer first time buyers able to get on the housing ladder. New borrowers won’t have the luxury of existing low rates.

We tracked ‘affordability’ over the past 20 years – based on the proportion of gross income ...