Stockport Property News

  • Vulnerable job sectors

    Jenna crop Jenna Stoker Nov 21, 2020, 14:00 PM
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    Unemployment rose to 4.8% in Q3, with a large proportion of job losses in leisure, retail and travel. Analysis of Dataloft’s tenant demographic dataset (DRMA) found almost a quarter of renters in the UK's top 10 cities work in retail, travel and hospitality.

    Retail (including ...

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  • Housing market activity breaks records

    Jenna crop Jenna Stoker Nov 9, 2020, 11:00 AM
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    Nationwide October House Price index reported an astonishing 5.8% annual house price growth, the highest rise since January 2015. Mortgage approvals were at their highest since September 2007, with 91,454 in the month.

    Data suggests the recovery of the economy has slowed with only 2.1% ...

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  • Improvements add value

    Jenna crop Jenna Stoker Oct 26, 2020, 11:00 AM
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    People have spent an increased amount of time at home this year encouraging home improvements. Builders have seen a 47% increase in their workload this summer and online planning applications have increased by 20%.

    On average, UK homeowners spend £48 billion a year doing up ...

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  • Agents' view of the sales market

    Jenna crop Jenna Stoker Oct 15, 2020, 10:15 AM

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    The RICS September survey, gauging the moods of agents continues to point to a strong upturn in the sales market. New buyer enquiries, new instructions and newly agreed sales remain firmly positive.

    In September a net balance of +52% of agents reported an increase in ...

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  • Residential rents rising

    Jenna crop Jenna Stoker Oct 2, 2020, 10:30 AM
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    ONS reported a 1.5% annual increase in private rents in August. Agents are reporting an increase in tenant demand and positive short-term rent expectations, suggesting that many markets will be insulated from the end of the eviction ban and the furlough scheme.

    All regions saw ...

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  • Agents' view on the rental market

    Ben Face Brighter Ben Robertson Sep 19, 2020, 10:15 AM

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    The August sentiment survey by Royal Institution of Chartered Surveyors (RICS) gauging the mood of agents, showed improvement in the lettings market. Tenant demand has continued to increase and short-term rental growth is expected.

    Tenant demand has continued to rise sharply following a large decline ...

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  • Top 10 mortgage lenders

    Ben Face Brighter Ben Robertson Sep 7, 2020, 12:30 PM
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    The UK’s top ten mortgage lenders lent a staggering £220.7 billion in 2019, increasing their market share to 82.4%, up from 80.4% in 2018.


    The top ten lenders retained the ranking they held in 2018, Lloyds Bank the largest lender followed by Nationwide and NatWest....

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  • Agents’ view of the market

    Ben Face Brighter Ben Robertson Aug 25, 2020, 10:30 AM
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    The July Sentiment Survey by Royal Institution of Chartered Surveyors, gauging the mood of agents, showed a significant pick-up in the housing market.


    The stamp duty holiday has increased demand in July, agents report a significant increase in new buyer enquiries and new instructions. Agreed ...

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  • Increase in demand for properties over £300k

    Ben Face Brighter Ben Robertson Aug 10, 2020, 13:00 PM
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    The stamp duty holiday has led to a 14% surge in calls and emails to agents. Properties priced between £400–£500k have seen the biggest increase in interest, 49%. In 2019 they only represented 8% of sales, therefore we may see a shift in the distribution ...

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  • House price and transaction forecasts

    Ben Face Brighter Ben Robertson Jul 28, 2020, 10:45 AM
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    The June Housing Market Survey by the Royal Institute of Chartered Surveyors showed a marked improvement in enquiries, agreed sales and instructions even before the stamp duty holiday announcement.

    Meanwhile, the Office for Budget Responsibility has published revised forecasts. Their central scenario estimates 750,000 homes ...

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  • The Re-use of UK’s Heritage Buildings EVENT

    Ben Face Brighter Ben Robertson Jul 22, 2020, 10:35 AM

    Wednesday 22nd July @ 1pm

    "How can the re-use of UK’s Heritage buildings deliver  economic and social impact  through the use of specialist lending and grant funding? What role do architects and placemakers have to contribute to a more  sustainable existing built environment ?"


    Find ...

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  • Covid-19: Transactions

    Ben Face Brighter Ben Robertson Jul 14, 2020, 12:30 PM
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    HMRC estimated 46,230 sales in May, 25% higher than April. With plenty of pre-lockdown sales still to complete and Dataloft Demand Index reporting a huge surge of consumer interest in the housing market, the total could rise by 60% in June.


    9,250 sales exchanged per ...

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  • Covid-19: Agents’ view of the market – Improvement in overall sentiment

    Ben Face Brighter Ben Robertson Jun 30, 2020, 11:00 AM
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    The May Sentiment Survey by Royal Institution of Chartered Surveyors (RICS) gauging the mood of agents, showed improvement in overall sentiment, mirroring the Dataloft Demand Index.


    The sales market measured by new instructions, new buyer enquiries and newly agreed sales, shows improved sentiment in May ...

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  • Tracking housing market demand post-lockdown

    Ben Face Brighter Ben Robertson Jun 19, 2020, 10:00 AM
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    There has been a huge surge of consumer interest in the housing market since May 13th, according to the Dataloft Demand Index.


    In the week that lockdown was lifted, the Index climbed by 30%. By the end of May, it was 71% higher than a ...

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  • Agents view of the market survey

    Ben Face Brighter Ben Robertson Jun 8, 2020, 09:30 AM
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    The mood amongst agents was subdued in the week before the market re-opened, according to the RICS sentiment survey. This is not surprising since 80% of agents had experienced buyers and sellers pulling out of transactions due to Covid-19.

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    With lockdown just lifted, it's too ...

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  • Are You Missing the Office?

    Ben Face Brighter Ben Robertson May 27, 2020, 12:30 PM
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    Covid-19 has meant many people have had to work from home. Only 19% of office workers want to spend the majority of their time working from home and normally only 1.7 million people do.

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    Survey results revealed the top 10 things people miss most about ...

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  • How Might Transaction Volumes Pan Out in 2020?

    Ben Face Brighter Ben Robertson May 18, 2020, 10:00 AM

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    This week Zoopla revealed that 373,000 home sales across the country, agreed before lockdown, are currently on hold. We have used this to create a scenario for transaction rates over the rest of 2020.

    Making assumptions for fall throughs and also the number of newly ...

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  • How are you using your living room?

    Ben Face Brighter Ben Robertson Apr 29, 2020, 10:45 AM

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    During unprecedented times we are being ever more inventive with the ways we use our living space.

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    For the 9.9 million people in the UK who are members of health and fitness clubs, our homes are now sports venues as we transform our living space ...

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  • 1,600 Easter Related Addresses

    Ben Face Brighter Ben Robertson Apr 10, 2020, 10:30 AM
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    • A cracking 1,600 property sales have taken place on Easter related addresses across England and Wales over the past 12 months. At just over £600 million, their total sales value is just over one third of the egg-stimated £1.7 billion the UK spent on Easter ...
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  • Thanks a billion Mum, 1.6 billion!

    Ben Face Brighter Ben Robertson Mar 18, 2020, 12:00 PM
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    • Sunday 22nd March marks Mother's Day in the UK. A survey by GlobalData estimated £1.6 billion was spent celebrating this day in 2019, that's the equivalent to just over 6,800 average-priced homes.
    • At current prices, £1.6 billion purchases over 8,400 terraced or 4,400 detached properties. ...
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About The Blog

This Blog looks at what is happening in Stockport, the property market, events and community news along with investment ideas and tips for those loosing to invest in the area. 

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