Homes are moving faster since lockdown
The time to sell a home has fallen by more than a quarter in the UK. No surprise considering buyer demand, since the start of the year, is +34% higher than over the same period in 2019. The number of days between first marketing a home to receiving an offer is on average, since lockdown […]
Premium to live near top schools
This week marks the return to school for many children. School catchments play a huge role in choosing a home. Living close to a top school can cost an additional £25,000. Houses within the catchment of the top 10% of primary schools on average cost £27,000 more than those in the wider postcode district, a […]
Broadband speeds have bearing on buyer choice
During lockdown internet users spent 18% more time on the internet. The importance of broadband speed to homemovers has increased and can be an important factor when choosing the next home. The increased importance of internet speed can be seen in take up figures. In 2019, 74% of home broadband connections were superfast products compared […]
A slow down in new homes completions
A fall in construction between April and June means fewer new builds will be coming to the market in the short term. With Covid-19 disrupting house building, Boris Johnson has made construction a priority. Energy Performance Certificate registrations are a good indicator for net additional dwellings. The latest data shows 37,588 fewer new build registrations […]
A Greener Future?
Green Homes Grant Scheme UK landlords have been given the news that the Government has accepted many of their recommendations about how the new Green Homes Grant scheme should work. Announced in the Chancellor’s Summer Statement, the scheme will see the Government provide at least two-thirds of the cost of improvement work for […]
Will delayed weddings boost the housing market?
73,600 marriages and same sex partnerships have been postponed due to Covid-19, saving couples on average £16,005. With 1 in 8 couples cohabiting before marriage, for most, living together will not be delayed. Delayed weddings could provide a house deposit for couples wanting to purchase their first home or help existing homeowner move up the […]
Covid-19: Overseas students
Covid-19 may cause a reduction in the number of overseas students at UK universities in the academic year 2020/21. A drop may cause landlords to compete for a smaller rental pool in some regions. Dataloft estimate that there are 130,000 overseas students living in the private rental sector, making them an important element of demand […]
Consumer spending trends are closely linked to housing market confidence
Saturday 4th, marking the reopening of hairdressers, pubs, bars, cafes and restaurants in England, saw an increase in high street footfall. PwC reports on money in consumers’ pockets – consumer spending trends are closely linked to housing market confidence. There was a 20% weekly increase in footfall on Saturday and after 5pm this rose to […]
A Change to the Stamp Duty Threshold
(pinterest.com) No stamp duty to pay on purchases up to £500,000! The Chancellor of the Exchequer, Rishi Sunak, has today announced yesterday an immediate change to the Stamp Duty Land Tax threshold. Anyone buying a residential property of up to £500,000 will pay no stamp duty, whether they are a first time buyer, or […]
Top Tips for Renting in Salford with us!
So you might be thinking to move to Salford, or you might already live here and are just looking to move from your current place. What ever it may be we are here to try and help! We wanted to give you a list of tips, a sort of FAQ to help you on […]