Tag: Birmingham
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House Sales Soar as Mortgage Rates Fall
The number of homes being snapped up is rocketing, thanks to lower mortgage rates. New figures show that ‘sales subject to contract’ – where an offer has been accepted – shot up by a massive 23% in the last three months compared to the same period last year. That means 332,200 homes were in the…
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First-time buyers! Bag a house without paying ANY stamp duty – but hurry, the clock is ticking!
Could you get on the property ladder without paying thousands of pounds in stamp duty? Yes, but you need to act fast! New research from estate agents Lomond reveals 66% of homes for sale in England are priced under £425,000 – meaning first-time buyers (FTBs) like YOU could dodge that hefty tax bill. Right now,…
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Birmingham Build-to-Rent Booms – Your Next Investment Hotspot?
Property investors and developers looking for the next big opportunity need to look no further than Birmingham. The city’s Build-to-Rent (BTR) market is booming, with a staggering 12,200 units in the pipeline, according to a new report from property giant JLL. That’s almost double the number of existing BTR units currently available in Birmingham! This…
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Yorkshire Hottest for Property Investors as House Prices Soar
Forget London and Manchester, it’s Yorkshire stealing the show for property investors! Since December 2021, when the Bank of England started raising interest rates, the average UK house price has risen by a respectable 7%, reaching £288,120. However, some cities are absolutely booming, and Yorkshire is leading the charge. Sheffield takes the crown, boasting a…
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Peterborough Crowned UK’s Cheapest City for First-Time Buyers
Forget battling it out in the capital, first-time buyers looking for a bargain should set their sights on Peterborough. New research has revealed that this Cambridgeshire city offers the most affordable route onto the property ladder. While Peterborough might not be known for its good looks, it seems that what it lacks in charm, it…
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Midlands House Prices Plummet – Could You Grab a Bargain?
Birmingham homeowners are feeling the pinch as property prices have tumbled in some areas, with Moseley residents seeing £31,000 wiped off the value of their homes in just one year! But this could be good news for first-time buyers looking to get on the property ladder, with some bargains to be had across the West…
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Bradford Tops the Charts as the UK’s Most Affordable Property Hotspot!
Looking for a bargain on your dream home? Look no further than Bradford! The northern city has clinched the top spot for property hotspots for the second quarter in a row, and it’s easy to see why. With house prices significantly lower than nearby Leeds, savvy buyers are flocking to Bradford to snag incredible deals.…
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£20 Billion to be Invested – Build to Rent Market Heats Up
The Build to Rent (BtR) market has been growing steadily over the last decade, with £35 billion invested in delivering 100,000 homes. But the demand for private rental homes is sky-high. We need another million homes by 2031 just to keep up. Savills, a top property advisor, reckons we need £300 billion of investment to…
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Co-living – The Future of Property? Investors Are Betting Big
It’s not just a trend, it’s a booming industry. Co-living, the idea of purpose-built accommodation with shared spaces and social events, is attracting serious money. Co-living has evolved from the old-school HMOs (houses in multiple occupation) that you might have lived in as a student. Think shared kitchens, maybe a bathroom or two, and not…
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Bradford Blazes a Trail as UK’s Property Hotspot!
Northern cities dominate the latest ranking of property hotspots, with Bradford taking the top spot for the second quarter in a row. The news is sure to be welcomed by sellers in those areas, but buyers across the country may be wondering if they need to cast their net wider to find a bargain. The…