Looking back at the Stockport property market for 2020, it certainly can be seen as a frenetic game of two halves, albeit with a very long half time in the spring. Between the General Election in mid-December and Christmas, many Stockport agents saw an unusually higher uplift in activity in [...]
Stockport homebuyers and Stockport landlords purchasing residential property have saved £506,690 since the Chancellor reduced stamp duty on 8th July 2020, yet many more Stockport homebuyers could miss out. My analysis of properties sold in Stockport from the Land Registry between the introduction of the stamp duty holiday on 8th [...]
The Government is on track to borrow £400bn because of Coronavirus and that needs to be paid back at some stage. Last year alone, before Coronavirus, the Government brought in £824 billion in taxes whilst they spent £887 billion, meaning they had to borrow £63 billion. In fact, the last time [...]
The Chancellor announced on Wednesday 8th July in his mini Budget some interesting news for Stockport homeowners and Stockport landlords. Rishi Sunak is going to give ‘The Green Homes Grant’ of up to £5,000 to cover two-thirds of the costs of environmentally friendly upgrades to your Stockport property, with the [...]
The British are infatuated with owning their own property and politicians know that. Margaret Thatcher used it as a vote winner in 1979 when she allowed council house tenants to buy their own home. Coming to the present day, Boris Johnson’s Conservative government have anxieties that the Brits have not been buying [...]
One of my Stockport landlords contacted me last week from Didsbury, after he had spoken to a landlord friend of his from Bramhall. He told me they were deliberating the Stockport property market and neither of them could make their mind up if it was time to either sell or [...]
Closeness to work is often cited as a key determining factor for tenants in selecting rental accommodation […]
There are 14.4 million households across England who own their own home, either outright or with a mortgage. This is 63% of all households. Of these, the latest results from the Survey of English Housing estimate that 576,000 (4%) are planning to move within the next six months. Moving up [...]
£873 billion – the total value of mortgage debt across England, according to the latest data released by UK Finance. That equates to just over £130,000 for every owner occupier mortgaged household across England. The level of mortgage debt is rising, up 2% on a year ago, and 8% higher [...]
Lifecycle profile is a useful indicator of the complexion of residents in a locality. Some areas, like inner cities and built-up areas, have lots of young single people who live in flat shares or alone. Most of the suburban parts of the country are filled up with families. Some parts [...]
