Tag: Leeds
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Interest Rate Cut Sparks Rental Property Rise
The recent interest rate cut by the Bank of England has brought a sigh of relief to tenants. According to a new analysis by Zero Deposit, the number of available rental properties in 15 major UK cities has increased dramatically. Edinburgh and Glasgow Lead the Charge The analysis looked at the total number of available…
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Stoke-on-Trent: The Hot Spot for Student Landlord Profits!
Looking to make a smart investment and earn rental income? Then you need to check out Stoke-on-Trent! This city has just been crowned the top spot for student landlords seeking the highest yields on their property investments. That’s right, Stoke-on-Trent is the champion of student letting, offering landlords a 9.43% average yield! Stoke-on-Trent: A Student…
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Top UK Postcodes for Rental Yields on Properties Under £100k
Looking to invest in property but don’t want to break the bank? You can still become a landlord without having to fork out a fortune, and some areas offer incredible returns on your investment. We’re talking about rental yields, which is the amount of income you earn from renting out a property compared to the…
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Buy-to-Let Boom in the North – Forget London, This is Where the Profits Are!
The buy-to-let market is in turmoil. Landlords are fleeing London and the South East, scared off by soaring interest rates, tough new taxes, and stricter regulations. But don’t despair! While the south is struggling, the North is thriving, offering a golden opportunity for those willing to look beyond the usual hotspots. Why the North is…
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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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£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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Northern Property Boom – Searches Rise by 67% in Just One Year!
Could cheaper houses and the rise of working from home be tempting homebuyers to head north? It’s official – the North of England is the place to be for house hunters, with mortgage searches in major cities soaring by 67% in just twelve months. New data from mortgage technology experts, Twenty7tec, reveals that Leeds, Bradford,…
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Low Tenant Demand Affecting Landlords in Some Areas
Don’t be fooled by the national picture – while the UK rental market might seem rosy, some areas are struggling with a shockingly low demand for tenants. Low Occupancy Rates: A Landlord’s Worst Nightmare New data from Zero Deposit reveals that, in some postcodes, landlords are facing an empty property crisis. While the national average…
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Property Hotspots – Is Leeds The Next Big Thing?
Forget London, it’s Leeds that’s got everyone talking about property, according to the Yorkshire Evening Post. They say that this city is quickly becoming the hottest spot for investors in the North of England. Leeds is packed with culture, buzzing with jobs, and has a booming nightlife. It’s got everything you’d want in a city,…