Tag: Manchester
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Top Buy-to-Let Hotspots for Portfolio Landlords
Certain areas have emerged as gold mines for savvy investors, particularly those holding a portfolio of properties. Recent research has spotlighted the prime locations for buy-to-let (BTL) landlords, with Manchester’s M14 postcode leading the charge as the nation’s most coveted spot for real estate investment. Manchester’s M14 A Magnet for Investors Nestled in the heart…
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Buy-to-Let Yields – Where Your Money Works Hardest
Research conducted by Lomond, an estate and letting agency group in the UK, shows Britain’s average rental yield stands at 4.5%, marking a rise from 4% just a year ago. Leading the charge with an average rental yield of 5.4%, Scotland emerges as the king at a regional level. Not far behind, the North East…
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Sky-High Rents – Over Half of UK’s Rentals Now Costing £1,000 a Month
A recent study has shown that the cost of renting a home in the UK is soaring, with more than half of all rental homes now commanding prices above the £1,000 per month mark. This situation underscores a growing problem in the housing market, where the demand from tenants far outstrips the supply of affordable…
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Buy-to-Let Hotspots in the UK Where Profit Waits
High interest rates and inflation are piling up the costs of holding properties, yet the robust growth in rental demand and prices offers a silver lining. However, this broad national overview masks the intricate patchwork of local markets, where the fate of landlords swings dramatically from city to city. The Daily Mail has produced a…
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Greater Manchester’s Most Affordable Homes in 2024
With the average UK home now reaching a daunting £291,030, according to the latest figures from Halifax, many prospective homeowners are left wondering if their dream of property ownership is just that—a dream. However, there’s good news for those looking to buy in Greater Manchester this year. An exclusive analysis by the Manchester Evening News,…
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House Prices and Mortgages – What a Recession Means for You
In recent news, the UK has officially plunged into a recession, as confirmed by the latest figures from the Office for National Statistics (ONS). With the economy contracting by 0.3% in the last quarter of 2023, concerns are rising about how this economic downturn will impact house prices and mortgage rates. Understanding the Recession First…
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Greater Manchester’s Property Price Plunges
While the UK’s housing market has generally seen an upward trajectory in prices, with the average cost of a home now standing at £291,029 according to Halifax’s latest index, Greater Manchester tells a different story. A detailed analysis by the Manchester Evening News, based on the latest Land Registry data, has uncovered several “cold spots”…
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UK’s Build to Rent Boom Continues
Growing investment for Build to Rent (BTR) properties is signaling a major shift in the way city dwellers find their homes. The BTR sector has seen an influx of £4.5 billion in investments throughout 2023, as reported by the leading lettings agency Savills. This investment marks the second highest annual figure ever recorded, slightly trailing…
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UK Build to Rent had £4.5 Billion Investment in 2023
The UK’s Build to Rent (BTR) market has recorded its second highest year of investment in 2023, amassing a whopping £4.5 billion. This figure, hot on the heels of the 2022 record of £4.6 billion, showcases a robust and expanding sector. What’s even more striking is the remarkable surge in Single Family Housing (SFH) investments,…
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UK Property Hotspots -Sandbanks Leads with a 20% Rise
The property market in Britain is buzzing in some areas, and leading the charge is the luxurious Sandbanks, a coastal gem that has seen a staggering 20% hike in asking prices in just one year. This has crowned Sandbanks as Britain’s top property hotspot, with average asking prices nearly touching £2 million. Sandbanks, nestled along…