Stockport Property News

  • 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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  • A new way to rent

    TomS - Head Tom Simper May 20, 2023, 10:30 AM

    There’s a new type of rental home in the UK which could transform the experience of being a renter – and the number of these homes is growing fast.

    ‘Build-to-Rent’ homes have been purpose built for rental and are professionally managed by dedicated operators who ...

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  • Fit for a king

    TomS - Head Tom Simper May 2, 2023, 14:00 PM

    Charles III, King of the United Kingdom and the Commonwealth Realms will be crowned at a ceremony in Westminster Abbey on Saturday 6th May. This will be the 40th coronation to be held at the Abbey since 1066.

    In the past two years alone there ...

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  • Private rented sector grows

    TomS - Head Tom Simper Apr 17, 2023, 12:00 PM

    The number of households in England and Wales increased by 6% between 2011 and 2021, the number in the private rented sector by close to 20%. There are now more than 5 million households in the sector.

    Across all age groups the proportion of households ...

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  • Ready to rent

    TomS - Head Tom Simper Mar 27, 2023, 10:00 AM

    Over 60% of properties placed on the rental market are being snapped up by renters within a week of being listed, one in six letting within 3 days, according to the latest Dataloft poll of subscribers. Less than 3% of properties are currently on the ...

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  • Who do you live with?

    TomS - Head Tom Simper Mar 9, 2023, 15:00 PM

    Since 2011, there has been a 6% rise in households and a noticeable change in their composition and size in England and Wales.

    There are now 20% more households where couples are above the retirement age. This change has driven demand for more property variety ...

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  • 62 Flipping Days to Sell

    TomS - Head Tom Simper Feb 20, 2023, 12:00 PM
    310_Dataloft_Flipping_days_to_sell

    You batter be ready as Pancake Day takes place 47 days before Easter Sunday, 15 days under the average 62 days Rightmove report it takes to secure a buyer.

    A flipping 117 million pancakes will be eaten on Shrove Tuesday alone, 92 times the number ...

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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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