Tag: Hotspot
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Yorkshire Commercial Property Booming While the Rest of the UK Stumbles
Property investors should be looking north, because while the rest of the UK is struggling, Yorkshire’s property market is thriving! According to the global property advisor JLL, investment in Yorkshire’s real estate market is outpacing the national trend by 30%. This means that in the first half of the year, a massive £849 million was…
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House Prices Climb for Seventh Month Straight
Asking prices for homes in England and Wales have gone up for the seventh month in a row, showing the market is still going strong. Prices rose by 0.2 percent in July, adding up to a 1.2% increase since the beginning of the year, according to the latest Home.co.uk Asking Price Index. Every little bit…
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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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Where Will House Prices Boom Next? Phil Spencer’s Property Predictions Revealed!
Want to know the secrets to bagging a property bargain in an area about to boom? Property expert Phil Spencer reveals the tell-tale signs to look out for when trying to find the next Hackney or Margate. Even in a shaky housing market, some areas defy the odds, with prices soaring over time. Take Hackney…
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Landlords’ Rental Yields Soar in These UK Hotspots
New data from letting agent Lomond reveals that Merthyr Tydfil, Brent, and Hammersmith and Fulham are leading the pack. These areas have seen rental yields jump by a healthy margin over the past year: Other areas with strong gains: Not just a few hot spots: The good news is that every region of England and…
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First-Time Buyer Hotspots Face House Price Plunge Next April
First-time buyers are the backbone of the UK property market, but some areas are more reliant on them than others. Research reveals the areas where house prices could plummet if the stamp duty holiday is scrapped next year. Currently, first-time buyers don’t pay stamp duty on the first £425,000 of a property’s price. This tax…
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House Prices Set to Rise – But Booms Are Over
Good news – house prices are going up! But don’t expect another property price explosion… For years, buying a house felt like watching your money grow on trees. Prices were shooting up! But lately, things have been a bit more, well, normal. After a bit of a dip last year, experts reckon house prices are…
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Two-Bed Terraces are Selling Fastest
Forget lengthy house chains, two-bedroom terraced houses are flying off the market in less than a month! According to property website Zoopla, these homes are in high demand, taking an average of just 27 days to sell. That’s almost a week quicker than the average house sale, which currently stands at 32 days. For six…
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Seaside Bargains – Welsh Towns Top the Charts for Property Price Growth
Property portal Rightmove has revealed two Welsh towns amongst the hottest spots in the UK for bargain properties, with prices predicted to rise even further. If you’re looking for an affordable place to put down roots, then Colwyn Bay and Port Talbot should be on your radar. Rightmove’s data analysis reveals that both towns have…
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Greater Manchester House Prices – Where to Bag a Bargain and Where You’ll Need Deep Pockets!
Thinking of buying or selling a house in Greater Manchester? A recent analysis of the latest Land Registry data, by the Manchester Evening News, reveals the region’s property price peaks and troughs, giving you the most affordable and most expensive postcodes. Greater Manchester’s Most Affordable Postcodes For those looking to step onto the property ladder…