The return of mortgage products
Mortgage products are returning following a collapse in availability during lockdown. 77% of mortgage brokers expect lending to return to pre-pandemic levels within nine months. The increase in mortgage products will be slow and steady, lenders are prioritising existing customers and the back log of around 350,000 sales which did not complete during lockdown. An […]
Covid-19: How comfortable are vendors with physical viewings in their homes?
The recent Dataloft Homemover survey has bolstered reports of growing momentum in the housing market. The vast majority of vendors who were considering selling their homes before lockdown, still plan to do so. So long as social distancing measures are enforced, 83% of vendors who are looking to sell their homes as soon as possible, […]
How have home buyer requirements changed after Covid-19?
Dataloft Homemover survey revealed that just under half of buyers’ home requirements have changed as a direct result of lockdown and Covid-19. Just under a third of buyers said that having a garden has become a much more important consideration for them, a less urban area and being closer to family and friends has also […]
Covid-19: Sales continued in April, despite lockdown
Despite full lockdown across the housing market in April, more than 46,000 residential properties completed during the month on a seasonally adjusted basis. While this is around half the level recorded a year earlier, it is still higher than expected, suggesting more deals went through to completion than were anticipated. With restrictions eased on 13th […]
How resilient are residential rental markets?
There has been an exodus from cities to more rural locations, of students and young professionals returning to family homes. There is a real possibility some will choose to terminate leases on expiry and return months later, causing rental voids. Almost a third (32%) of tenancies across England and Wales are due to expire in […]
VE Day comparisons
Friday 8th May marks 75th anniversary of VE Day, a day to pay tribute to the service and sacrifice of the Second World War generation and to reflect on how our lives have changed. One dramatic change has been the cost of living and what money will buy today compared to 1945. Fortunately average earnings […]
D.I.Y Sales Increase
The housing market may be quieter but there has been a huge increase in spending in the DIY/home improvement market, according to GfK, as many of us take this time to do projects in our homes. All this DIY will prove beneficial to those considering moving once the lockdown has lifted. 76% of prospective buyers […]
Over £1 billion saved by first time buyers
Nearly half a million (464,700) first-time buyers have benefitted from over £1.1 billion of tax duty relief since the First Time Buyers’ Relief was introduced in November 2017, each saving on average £2,387. Zero tax is charged to first-time buyers on purchases between £125,000 and £300,000, which account for 77% of benefitting purchases. The standard […]
We’ve made our first 1 Million Pound Sale!
Peter Anthony are proud to have sold this fantastic block of 12 apartments in Widnes. It consists of 10 two bedroom apartments with ensuites and 2 two bedroom apartments without ensuites, each with a car parking space in a private carpark. The sale is now completed at £1,000,000, our biggest sale yet!
Thinking of becoming a Buy-To-Let Landlord?
The process of starting your own portfolio may at first seem daunting. There seems to be endless news articles / changes in government policy (stamp duty increased to 3% for second homes) / new regulations (PAT testing to become compulsory?) that can act as a deterrent to even the most fearless investor. A good letting […]