Salford Property News

The government's 'levelling up' agenda played a significant role in the recent Queen's Speech. New research indicates that changing employment patterns may well be providing a kickstart.

22 out of the top 25 remote worker hotspots are outside of London and the South East, of ...

The average rent in the UK at the end of April 2022 was £1,091 pcm (per calendar month), up 9.5% on the same time last year and up 1.2% from March.

Positive annual and monthly change in rental prices have been recorded in every region. ...

More choice is returning to the housing market, with agents reporting a rise in new instructions in both the sales and lettings markets.

The net balance of respondents reporting a rise in new sales instructions was positive for the first time in a year. Letting ...

Total footfall averaged across the UK's 63 largest city centres for February is as high as it has been for two years, according to Centre for Cities/Locomizer.

Weekend footfall is back to pre-pandemic levels most of the large cities and weekday activity is also reaching ...

Over the past five years (excluding 2020), the number of buyer enquiries per property for sale has been highest during March, April and May (Rightmove).

Currently around 75% of properties are successfully finding a buyer, compared to a historical average of around 50%.

Properties are ...

Take-up of the government's Help to Buy scheme has declined since the introduction of lower caps and when limited to first-time buyers from April 2021.

At its peak in Q4 2020, the scheme accounted for 36% of all new build sales (averaging 25% over 2020), ...

New buyer enquiries rose modestly in December (+9%) marking the fourth successive monthly rise in demand.

The end of the stamp duty break curtailed demand to some degree but since market reopened back in June 2020 demand has significantly outpaced the level of supply (new ...

Consumer price inflation (CPI) has risen to 5.4% in the 12 months to December 2021. This is the highest rate in 30 years, but is expected to fall back after an April peak (ONS).

Energy costs are a major component of price rises and this ...

Capability and market knowledge continue to top the list of how prospective home movers choose their agents.

Confidence in ability was rated by more home movers than any other quality. Only 17% included 'lowest fee' in their top 5.

Younger home movers, those aged up ...

The week before Christmas is traditionally one of the busiest periods for rail travel. Over 10.7 million households in England and Wales are within a 15-minute walk of their nearest station, the equivalent to 41% of households.

There are over 2,200 railway stations across England ...

Shoppers across the UK are forecast to spend a staggering £84.7 billion on Christmas 2021, the equivalent to nearly 314,000 average-priced homes. Spending is set to rise above pre-pandemic levels.

£32.26 billion (38%) of spending is set to be online, the value of Christmas online ...

The rate of house price growth is due to slow in 2022, but remain positive, ranging from 2% (London) to 4.3% (North West).

Growth will be highest in northern and Midlands regions, where affordability is less constrained, and slowest in London where it is more ...

Congratulations to the team in our Salford office for winning 3 gold awards from allAgents! 

Give them a call on 0161 707 4745 to discuss your property now!

The base rate of interest is set to rise in the 'coming months' as the Bank of England acts to control the UK economy.

The Bank voted to keep the base rate at its historic low of 0.1% in November, but with inflation 3.1% and ...

According to The Property Academy Renter Survey 2021, almost half (49%) of renters would choose their rental property quicker if it had green credentials or a well-being certification.

Not only would renters choose their property quicker, but around 61% of renters said they would rent ...

Just 1.3% of all home owner households in England currently live in Shared Ownership, an estimated 202,000 households.

Under Shared Ownership, eigible purchasers part-buy (usually 25%–75%) and part-rent their property, with the option to increase their ownership share over time, a process called staircasing.

A ...

Homes sold with an EPC rating A or B over the past years achieved a 10% price premium over properties with an EPC energy efficient rating of D.

One in every 12 properties sold achieved an energy efficiency rating of A or B on its ...

Over 950,000 sales are estimated to have taken place across the UK in the first 7 months of 2021, making it the UK's busiest housing market since 2007.

Sales volumes in 2021 are over 30% higher than in any year since 2007, with the exception ...

The average monthly rent in the UK in now at a record high of £1,029. In the twelve months to July 2021, UK monthly rent increased by 6.6%, rising from £965 to £1,029.

In July, all regions in the UK experienced an annual increase in ...

Something special coming to Salford!

Children in Need and Comic Relief, the BBC's annual charity fundraising TV specials, will be broadcast from the corporation's Salford studios from 2021 onwards.

Recently announced, the move is part of the BBC’s aim to shift its creative and journalistic ...