Tag: Nottingham
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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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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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Rental Growth Slows, But Don’t Expect a Price Crash
Zoopla has revealed that rental growth has slowed to its lowest level in over two years. But, while rents aren’t rising as fast as they were, they’re still on the up. The average UK rent is now a hefty £1,232 per month, a £66 increase compared to last year. But the rate of growth 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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£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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Rental Demand is On the Rise
Good news for landlords – the latest figures show that the demand for rental properties is starting to pick up! Rental demand is on the rise, especially in the south The number of tenants looking for homes has increased by 1.5% since the start of the year, according to research by Zero Deposit. This means…
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Rent Prices Fall in Some Cities, But It’s Not Everywhere… Yet
While the cost of renting has been rising for years, there are signs that is changing in some parts of the country. New data from Zoopla shows that rents actually fell in six major cities in the first three months of this year. Where did rents drop? These falls are modest, and the overall picture is still…
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Rent Rises Slow Down – Is Landlording Still Worth It?
Landlords are facing a double whammy! Rent increases are slowing down, and it’s making some wonder if being a landlord is still a good investment. The latest research shows that rent increases have slowed to their lowest level in 30 months. This means landlords are making less money than before, and it’s all thanks to a…
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Slowing Rent Hikes: What’s Ahead for UK Rental Market in 2024?
The UK rental market is poised for a significant shift in 2024. After years of rapidly climbing rents, a new report from Zoopla forecasts a slowdown to just 5% growth this year. This change is largely attributed to evolving demand and affordability concerns, rather than an increase in housing supply, which remains a crucial issue…
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Homeownership Dreams Dim in Nottingham – Affordability Crisis Worsens
The latest analysis released by the moving platform Getamover.co.uk suggests Nottingham is one of the toughest areas in England when it comes to homeownership affordability, with dramatic changes observed over the past decade. From 2013 to September 2023, the average cost of an existing dwelling in Nottingham has nearly doubled, surging from £95,500 to £186,000.…