Tag: Manchester
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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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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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Manchester Crowned First-Time Buyer Capital of Britain
Is Manchester calling you? It’s officially the UK’s hottest spot for first-time buyers! A new study by Halifax has revealed that 75% of homes bought with mortgages in Manchester last year were snapped up by first-time buyers. This surge in first-time buyers is thought to be driven by the sky-high house prices in London, pushing…
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Manchester on a Budget: Top 6 Places for First Time Buyers
Manchester’s calling first-time buyers! This buzzing city has it all, but house prices can be scary. Fear not, though – there are still affordable gems to be found. Manchester Evening News teamed up with the experts at Bridgfords estate agents to reveal the hottest spots for first-time buyers right now. Manchester’s been getting a serious…
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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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Rent Crisis – Saving for a Mortgage ‘Impossible’ as Rent Eats Up Wages
Soaring rents are making it nearly impossible for tenants to save for a home, with some renters forking out over 80% of their wages just to keep a roof over their heads. New research from PropTech firm Canopy has revealed the extent of the UK’s rental crisis, with many struggling to afford basic living expenses…
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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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Student Housing Crisis – A Goldmine for Developers?
The student housing market in the UK is in a state of chaos, and it’s a situation that’s set to benefit developers. With soaring demand and a dwindling supply of affordable accommodation, the pressure is on to find a place to live, especially in popular university cities like Bristol. This could be a golden opportunity…
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Edinburgh Tops UK Property Investment Charts and Manchester Surges
Edinburgh has retained its crown as the UK’s hottest spot for property investment, with Glasgow hot on its heels. Meanwhile, Manchester is making waves down south, snatching the top spot in England. A new report by property experts Colliers has revealed that Scotland’s major cities are continuing to attract serious investment. The report, which analyses…