Tag: Manchester
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Homeowners Improving, Not Moving
The property market in Britain is experiencing a significant shift, as more and more homeowners are choosing to improve their existing homes rather than moving. Data from MyBuilder.com reveals that a third of homeowners are delaying their plans to move due to rising mortgage rates. Instead, they are opting to extend, renovate, or generally improve…
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The Most Profitable Places for Landlords
The UK property market is constantly changing and influenced by various factors such as the economy, politics, and regional considerations. For landlords looking to invest in buy-to-let or rental properties, the location is crucial in determining profitability. It’s not just about rental yields, but also capital appreciation, tenant demand, and local amenities. Currently, some of…
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Burglary Hotspots in the UK
According to recent data from home security specialists ADT, there were 191,094 residential burglaries in England and Wales last year, a 1.8% increase from the previous year. This translates to almost 524 burglaries occurring every day. ADT has identified the UK’s top burglary hotspots and also highlighted the most commonly stolen items in home burglaries.…
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Student Housing – Which Areas have Biggest Shortfall?
There’s a shortage of rental properties all over the UK, and the student rental market is feeling this pinch even more. The numbers paint a clearer picture: Why is this happening?There are a bunch of reasons. The big ones include: How are students feeling about it?They’re pretty worried! Half of the students in a recent…
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UK Brownfield Land Potential for Housing Development
Searchland has researched the availability of “brownfield” land across the UK. In simple terms, there’s a lot of unused land in cities like London, Birmingham, and Manchester that could be turned into new homes. The government likes the idea, but not everyone’s convinced that it’s the complete solution to the UK’s housing needs.
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The North West is a Commercial Property Hotspot
Sirius Property Finance have a report on the UK’s regional hotspots for commercial real estate, and the North West comes top. 1. The Overall Picture: Across England, there are about 9,000 commercial properties up for grabs right now. The North West of England is leading the pack, with the most commercial properties on sale. Think…
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Increase in Rental Costs for Students
There’s been a surge in rental costs for student accommodation outside London, now averaging £10,227 per year. This is more than the maximum maintenance loan of £9,978 that students can access, making it challenging for those, especially from poorer backgrounds, to afford living expenses. High Demand & Limited Supply There’s an intense demand for student…
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Defying the Downturn: The Unexpected UK Towns With Rising House Prices
The Telegraph has a roundup of some UK property hotspots – Summary Conclusion: In simple terms, while the overall picture of the UK housing market might seem bleak, some specific areas are booming. This success is seen in both high-end locations like Kensington and Chelsea, and more grounded places like Clitheroe. The reasons behind this…