Stockport Property News

  • Running a rent comparison

    TomS - Head Tom Simper Apr 16, 2024, 16:00 PM

    The 44th London Marathon is taking place on Sunday 21st April. Around 50,000 people are expected to take part in the 26.2 mile trek around the capital.

    The elite men’s and women’s able-bodied and wheelchair races will each have a prize pot of £243,000 with ...

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  • EPC property recommendations

    TomS - Head Tom Simper Mar 28, 2024, 11:00 AM

    Energy Performance Certificates (EPCs) continue to be the main method of determining how energy efficient a home is. Each certificate provides a rating from A to G reflecting the current energy performance as well as a potential rating if improvements were to be made.

    EPCs ...

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  • Buy-to-let investor hotspots

    TomS - Head Tom Simper Mar 12, 2024, 11:00 AM

    Glasgow has topped the list of cities with the biggest increase in the number of buy-to-let properties over the past year, with a 12% rise. Nottingham and Leeds came in second and third place respectively, both with growth of over 8%.

    In spite of the ...

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  • Sales blossom in spring

    TomS - Head Tom Simper Feb 27, 2024, 10:30 AM

    In the past five years (excluding 2020 due to Covid), springtime bloomed with 27% of home sales, the highest proportion of any of the four seasons.

    During spring, properties found new owners in an average of just 51 days, significantly quicker the 61-day winter average....

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  • Rise in over 50s buying first homes

    TomS - Head Tom Simper Feb 9, 2024, 10:00 AM

    The number of first-time buyers (FTBs) over the age of 50 has grown by over 30% in the past five years, while the proportion of those aged 30 and under is in decline.

    Stretched first-time buyer affordability means that we are seeing more people waiting ...

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  • Landlord intentions for 2024

    TomS - Head Tom Simper Jan 25, 2024, 11:30 AM

    Just one quarter (24%) of landlords intend to increase rents in 2024, while 68% intend to maintain them at current levels and 8% plan to reduce rents.

    Rents have risen rapidly over the past few years. With an average increase of £135 extra per month ...

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  • How listed buildings affect house prices

    TomS - Head Tom Simper Jan 8, 2024, 10:30 AM

    Listed buildings are structures of architectural or historic interest and are protected to maintain the heritage value of an area. We have over 409,000 listed buildings across Great Britain.

    As well as preserving history, listed buildings contribute to the beauty of an area creating appealing ...

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  • Days of Christmas | A Boxing Day walk

    TomS - Head Tom Simper Dec 19, 2023, 14:00 PM

    The Christmas idyll is a snow-covered traditional village green with a beautiful church in the background and a red post box. Many Christmas cards feature this scene and some of us are lucky enough to live in places just like that!

    There are over 5,000 ...

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  • Improvements in affordability

    TomS - Head Tom Simper Dec 11, 2023, 11:00 AM

    Comparing affordability levels through time helps us understand when a market needs to slow down (affordability is overstretched) or when a recovery can take hold (improved affordability).

    A combination of factors (chiefly the expectation of better mortgage rates) will see affordability improve in 2024 and ...

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  • Families rent smaller homes

    TomS - Head Tom Simper Dec 1, 2023, 12:30 PM

    Rising rents and the cost of living are impacting the choices that renters make when selecting their homes.

    An increased number of families are choosing smaller homes. In the year to June 2023, almost half of families with a household income of between £30,000 and ...

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  • Importance of community

    TomS - Head Tom Simper Nov 16, 2023, 15:00 PM

    World Kindness Day, celebrated annually in November, is a day to celebrate and promote kindness in all forms, uniting people in kindness globally.

    Helping and meeting people and making friends are important in forming communities, a key consideration for renters.

    Nearly two-thirds of renters consider ...

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  • Spreading the load

    TomS - Head Tom Simper Oct 28, 2023, 12:00 PM

    First-time buyers, faced with the rising costs of getting on the housing ladder, are finding ways to offset the increases by taking longer mortgage terms, flexible deals or paying higher deposits.

    Over half of first-time buyers took a mortgage term of 30 years or longer ...

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  • EPC essentials: Watt you need to know

    TomS - Head Tom Simper Oct 10, 2023, 14:00 PM

    The regulation to require all newly rented properties to have an EPC rating of at least C by 2025 has been scrapped.

    However, four out of every five landlords have already taken steps to ensure compliance, and nearly half of them have invested between £500 ...

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  • Investing in HMOs

    TomS - Head Tom Simper Sep 25, 2023, 10:00 AM

    Letting your property as an HMO (House in Multiple Occupancy) is a viable alternative to more traditional buy-to-let properties. Generally more profitable, HMOs provide multiple streams of income by letting out individual rooms at a higher rate than you would the entire property. This can ...

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  • Changing level of homeownership among young adults

    TomS - Head Tom Simper Sep 5, 2023, 12:30 PM

    Well under half of today’s young adults own their own home (41% of those aged 25–34). Although this has not changed much in the last decade, it was very different for their parents’ generation.

    30 years ago, two thirds (66%) of 25 to 34-year-olds had ...

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  • Unlocking home ownership

    TomS - Head Tom Simper Aug 19, 2023, 10:30 AM

    With the close of the Help to Buy scheme, there is a clear gap for those looking for a low deposit solution to buying a home. Around 1 in every 100 households in the country live in shared ownership homes.

    Shared ownership gives buyers the ...

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  • Gradual growth of new build gardens

    TomS - Head Tom Simper Aug 2, 2023, 14:30 PM

    The demand for gardens and other private outdoor spaces has grown since the pandemic, when we all re-learned their value – whether as a refuge to relax in or an opportunity to extend our homes with garden offices and outdoor entertaining areas.

    There is a ...

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  • Portfolio landlords still looking to expand

    TomS - Head Tom Simper Jul 13, 2023, 15:00 PM

    More than a quarter of landlords who own five or more properties are planning to increase their portfolio over the next year, while one in five who have 2–5 properties are also planning to expand (Rightmove).

    Over half of landlords are planning to keep their ...

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  • Many homes exempt from property tax

    TomS - Head Tom Simper Jun 27, 2023, 12:00 PM

    In the past year more than 60% of homes in Wales and nearly half (48%) of homes in England (excluding London) bought by home movers have been exempt from property taxation.

    In Wales more than 90% of all 1-bed and 2-bed apartments sold for below ...

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  • I want to ride my bicycle

    TomS - Head Tom Simper Jun 6, 2023, 11:00 AM

    National Bike Week (5 June – 11 June 2023) celebrates over 12,500 miles of national cycle routes in the UK.

    On average in England and Wales there are just over 2,200 households per mile of national cycle route. Per home there is over 1 metre ...

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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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