St David’s Day
St David’s Day, which was on Monday 1st March, celebrates the patron Saint of Wales, Wales home to over 3 million people, 4.7% of the UK population (ONS). Dragons, daffodils and leeks are the symbols most closely associated with Wales, over 800 property transactions recorded on homes or streets bearing these names, since the start […]
National Parks premiums
The UK is home to 15 National Parks and the government has recently announced plans to create new National Parks as part of the Environmental Plan. National Parks not only protect the country’s rich wildlife and biodiversity, they also provide desirable places to live. A property located within a National Park attracts a 20% premium, […]
Homes changing hands increase
An estimated 1,041,610 residential sales completed in 2020. In spring the housing market paused for several weeks and despite this, sales were only down -11% on 2019. 129,400 homes changed hands in December 2020, 32% higher than December 2019 and a monthly increase of 13%. According to Rightmove, there were 10% more sales agreed in […]
Lockdown savings
The pandemic reduced spending for many households and government policies have helped support incomes. This has led to 28% of households saving more during the pandemic. 42% of high-income employed households saved more during the pandemic compared with 22% of low-income employed households. Retirees also saved more, 36% had increased their savings. Which households have […]
What’s ahead for 2021?
What will the New Year bring? Dataloft consensus house price forecast, based on the average from five leading commentators, expects 0.9% growth 2021. Published forecasts for 2021 range from mildly negative to strongly positive. Rightmove forecast a 4% rise in 2021, Zoopla 1%, Knight Frank 1%, Savills 0% and JLL -1.5%. 2021 will be host […]
Dataloft Days of Christmas – Day 7
According to Zoopla, ‘Garden’ was the most popular search term throughout 2020 for both buyers and renters. The Property Academy Home Moving Trends Surveys 2020, analysed by Dataloft, found that priorities had changed since the start of the pandemic, and a garden had become more important to 67% of renters and 64% of buyers. Source: […]
Home movers tempted by new build property
Almost half of home movers will consider buying a new build property according to the Property Academy Home Moving Trends Survey 2020, analysed by Dataloft. Energy efficiency is the main reason why home movers would purchase a new build. Respondents aged 55+ felt even stronger, with over 70% citing it as a main reason compared […]
Housing market adds to the economy
For every residential property resale, an average of £9,559 is added to the UK economy. That is an estimated £6bn added to the UK economy so far this year. On average £5,400 is spent on renovations and new household goods, £3,100 on estate agency and legal fees and the rest comes from spending on removals […]
Ideal length of lease varies
There is a substantial mismatch between current lease lengths and ideal lease lengths. However, there is more to it than that. Opinions on ideal lease length vary with age and household types. For renters aged over 45, the ideal lease length for most is 24 months plus, actual lease length is most often 6 to […]
Best Letting Agent in L3
Congrats to our Liverpool Branch Manager Gill for receiving the gold ‘Best Letting Agent in L3’ award from allAgents! Call us on 0151 214 3480 to discuss your property today!