House prices tend to rise with inflation, so with the UK annual inflation hitting 4.2% last week, that’s good news, isn’t it? Yes and no – let me explain what it means for Stockport homeowners. The year-on-year cost of living rose by 4.2% in October, its highest rate in almost [...]
The Government’s scheduled publication of their White Paper for the Renter's Reform Bill, which incorporates proposals to forbid Section 21 evictions and introduce ‘Lifetime Deposits’, has been suspended until 2022. The additional time is required to give a chance to create a level playing field to reforms for both landlords [...]
In recent articles on the Stockport property market, I have been talking a lot about house prices over the last 12 months and 5 years in Stockport. When it comes to newspapers talking about the property market, the headline most people look at is what is happening to house prices. [...]
How far would you go to help your child get on in the world? Many Stockport parents move area to ensure their child gets into the best primary school or fund their university costs. Many of you reading this have even helped your children with the deposit for their first [...]
The ‘Buy-To-Let’ Mortgage is celebrating its Silver Anniversary (25 years) this autumn. Isn’t it fascinating that a decision between a group of letting agents and bankers all that time ago to offer ‘Buy-To-Let’ (BTL) mortgages has changed the face of the Stockport (and national) property market? But has it been [...]
The number of properties for sale in Stockport has fallen by 29% since this time two years ago (October 2019). One of the reasons is that many Stockport buyers feel overwhelmed and fearful they will be made homeless if they sell their home and can’t buy another. So, I have [...]
Stockport landlords are becoming progressively more self-assured about expanding their rental portfolios; as Stockport rents rise, mortgage interest rates fall and demand for decent Stockport rental properties outstrips supply. A number of reports nationally would suggest around a third of UK ‘portfolio’ landlords (i.e. landlords with more than one rental [...]
With Rightmove announcing a national drop of 0.3% in average asking prices in August, some are asking if the steam has been let out of the property market. Yet with the gains we have seen in the last 12 months, is this just a minor bump in the road? Alarm [...]
Whether you are a Stockport homeowner, first-time buyer or landlord; the last 15 months has been a roller coaster ride when it comes to the Stockport property market. With 213,120 UK house buyers and 58,580 UK tenants moving home in June, the summer has been manic for many people. Meaning [...]
Over the next month we will be posting a series of videos answering questions you wish to know with all things relating to property. We are opening up a Questions & Answers to all our clients anything from how to prepare to make an offer, looking for a particular area [...]
