Tag: Newcastle
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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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London Home Sellers Overpricing Houses by Average of 5%
Asking prices in the capital are consistently higher than buyers are willing to pay. Sellers in the capital beware – you are likely overpricing your property. New data from property website Upstix has revealed that homes in London are currently selling for 5% less than their listed price. This means if you are selling a…
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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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Plymouth Houses Fly Off the Market While Blackpool Sellers Face a Wait
Thinking of selling your home? New data reveals the UK’s property hotspots (and not-spots!) If you’re looking for a speedy sale, pack your bags and head to Plymouth! New research from property website OnTheMarket has crowned the seaside city the fastest place to sell your home. Properties there are snapped up in a lightning-fast 32…
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UK Renters Are Struggling to Cope
New research shows that tenants across the UK are struggling to afford their rent, with many spending a huge chunk of their income just to keep a roof over their heads. This isn’t just a London problem – it’s a nationwide crisis that’s leaving many renters with little left for essentials like food and bills.…
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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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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,…