Salford Property News
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How do you choose your agent?
Capability and market knowledge top the list of how prospective home buyers choose their agent according to results of the 2020 Property Academy Home Moving Trends Survey analysed by Dataloft.
Confidence in ability was rated by more homemovers than any other single quality and far ...
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Dataloft Days of Christmas - Day 10
Nearly 1 in 4 housing transactions in 2020 will have been backed by the Bank of Mum and Dad, an estimated £50bn worth of property. Source: Dataloft, Legal and General
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Single family housing
Across England and Wales, almost half (43%) of all private rental sector properties (both houses and flats) fall within Dataloft's definition of suburban areas, 41% urban and 16% rural.
Suburban renters are more likely to live in houses (58%) than urban renters (32%). As an ...
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Dataloft Days of Christmas - Day 3
54,760 houses were completed in the first half of 2020. If we assume the same number of completions in the second half of 2020 as 2019, another 92,410 will complete, adding an estimated 147,00 homes to Santa's list. Source: Dataloft, Ministry of Housing, Communities and ...
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Increase in demand during second Lockdown
The Dataloft Demand Index shows a +14% increase in housing market demand since the start of Lockdown 2. More time at home means more time spent browsing properties.
Demand dropped from 5th October, reflecting uncertainty in the new Tier system and the looming Lockdown 2 ...
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First-time buyer mortgages
The average mortgage for a first-time buyer across the UK is just shy of £194,000, as FTB numbers fell 29% in the first half of 2020 versus 2019.
The average deposit for a FTB is now £47,059, purchasers requiring a mortgage at 80% LTV. There ...
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SOLD within 3 days
We're happy to have sold this 3 bedroom 2 bathroom property within just 3 days! Situated in the very popular Ladywell Point development.
Call us on 0161 707 4745 or email us on [email protected] to discuss your property now! -
2 Properties Sold in the Same Development Within a Week
SOLD in just 24 hours!
SOLD in 5 days!
We are delighted to have sold these 2 stunning apartments situated in the same development close to Salford Quays, one sold within 24 hours and one within 5 days, both in ... -
Transactions return to pre-covid levels
An estimated 98,010 transaction completed in September marking a return to pre-covid levels. With a surge in buyer demand and newly agreed sales this summer, we expect to see an increase in transactions over the next few months.
Newly agreed sales in the three months ...
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SOLD in 4 days
Sold in 4 days!
This 2 bedroom flat situated in Salford near to the University.
Call us on 0161 707 4745 or email us on [email protected] to discuss your property now! -
SOLD in 5 days
SOLD in 5 days!
This 3 bedroom property in the Little Hulton area
Call us on 0161 707 4745 or email us on [email protected] to discuss your property now! -
SOLD within 7 days
Sold in 7 days!
This well presented first floor, two double bedroom apartment, situated on Langworthy Road in Salford.Call us on 0161 707 4745, or email us on [email protected] to discuss your property now
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At-Home Halloween Activities To Do With Kids Instead Of Trick-Or-Treating
👻 Halloween may not be the same this year, but that doesn't mean you can't have ...
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Price it right
It is no surprise that homes that are priced ‘right’ sell more quickly. Such homes currently sell 26 days quicker than homes that have experienced a price reduction, according to new research by Rightmove.
Correctly priced properties are nearly twice as likely to be Sold ...
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Homes are moving faster since lockdown
The time to sell a home has fallen by more than a quarter in the UK. No surprise considering buyer demand, since the start of the year, is +34% higher than over the same period in 2019.
The number of days between first marketing a ...
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Premium to live near top schools
This week marks the return to school for many children. School catchments play a huge role in choosing a home. Living close to a top school can cost an additional £25,000.
Houses within the catchment of the top 10% of primary schools on average cost ... -
Broadband speeds have bearing on buyer choice
During lockdown internet users spent 18% more time on the internet. The importance of broadband speed to homemovers has increased and can be an important factor when choosing the next home.
The increased importance of internet speed can be seen in take up figures. In ... -
A slow down in new homes completions
A fall in construction between April and June means fewer new builds will be coming to the market in the short term. With Covid-19 disrupting house building, Boris Johnson has made construction a priority.
Energy Performance Certificate registrations are a good indicator for net additional ... -
A Greener Future?
Green Homes Grant Scheme
UK landlords have been given the news that the Government has accepted many of their recommendations about how the new Green Homes Grant scheme should work.
Announced in the Chancellor's Summer Statement, the scheme will see the Government provide ...
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Will delayed weddings boost the housing market?
73,600 marriages and same sex partnerships have been postponed due to Covid-19, saving couples on average £16,005. With 1 in 8 couples cohabiting before marriage, for most, living together will not be delayed.
Delayed weddings could provide a house deposit for couples wanting to purchase ...
About The Blog
This Blog looks at what is happening in the Salford and Eccles property market. We report on events and community news along with investment ideas and tips for those loosing to invest in the area.
Emily Utratny - Editor
T: 0161 707 4745
E: [email protected]