Tag: Warrington
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Rent Rises Cooling Off, Edinburgh Tenants Still Paying High Prices
Good news for landlords – rental prices are still going up, although the rental boom might be starting to lose steam. That’s according to the latest data from SpareRoom, which shows that rents rose by 4% in the year to September – the lowest increase we’ve seen so far this year. But, it’s worth noting…
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Warrington House Prices Cool Down in June
Warrington’s property market might be cooling off a bit. June saw a slight dip in house prices, offering a glimmer of hope for eager buyers. But this little dip doesn’t mean a complete U-turn. Warrington’s house prices are still up 0.3% over the past year. What’s Happening in Warrington? North West Property Prices: A Mixed…
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Warrington House Prices Dip – Is Now the Time to Buy?
Property prices in Warrington have taken a slight dip, offering a glimmer of hope for those looking to step onto the property ladder. However, sellers needn’t panic just yet, as the overall picture for the North West remains positive. Last month (April 2023) the average house price in Warrington stood at £250,807. This represents a…
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Suburban Shift – London Renters Look to the Outskirts
More and more London renters are opting for suburban life over city centre living. Driven by the pursuit of affordability and better transport connections, this trend is not unique to London but is echoed across other major UK cities, according to recent data from SpareRoom. SpareRoom’s analysis of tenant search trends has uncovered a substantial…
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Chard Leads the Charge in UK Property Hotspots
Chard, the quaint Somerset town, has emerged as the nation’s leading property sales hotspot. This bustling market town, with its picturesque setting in South Somerset, close to the borders with Devon and Dorset, has seen property transactions skyrocket by an astonishing 123% compared to last year. This surge has propelled Chard to the top of…
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The Landlords Who are Buying not Selling
For those owning rental properties, the past few years have not been particularly encouraging. Stringent regulations and tax reforms have dented the appeal of buy-to-let investments. A report by Simply Business reveals that a quarter of landlords are considering selling off investment property within the next year. In stark contrast, only 3% are contemplating property…
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The Areas Where More Landlords are Selling
In the Simply Business Landlord Report, a survey involving 1,455 UK landlords, it’s clear that confidence among property investors is wavering. Despite an ever-growing demand for rental spaces, 25% of landlords are considering selling at least one of their properties within the coming year. This decision is largely influenced by a cocktail of factors, including…
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Unprecedented Rise in Room Rents
As of the third quarter of 2023, rents across the UK have soared to levels never seen before. This trend isn’t just occurring in traditionally expensive areas; even regions once considered more affordable are experiencing sharp rent increases. Data from SpareRoom, a leading flatshare site, shows a staggering 16% year-on-year rise from 2022, setting the…