With the cost-of-living crisis beginning to hit, the 20 and 30-somethings of Stockport urgently need the help and support of the Government to help them get on the property ladder. For the last few weeks, we have listened to the debates and hustings of Liz and Rishi. Between them, they [...]
The terraced house is one of the most familiar styles of home in Stockport (and the UK as a whole). 27.4% of Stockport people live in a terraced home, interesting when compared with the national average of 22.7%. So, what is it about the humble terraced/townhouse us Brits love so [...]
There has been a rise in demand for rental properties and an 8.9% fall in the number of Stockport private rented properties, which has caused Stockport rents to rise by 10.3% in the last year, a new all-time high. The National Residential Landlords Association asked the respected economics think tank [...]
Nationally, the average length of time it takes from agreeing the sale of a property to the keys being handed over is 111 days (down from 117 days last year), yet in Stockport, we are above the national average at 116 days. So why does it take just under 17 [...]
The average house price in Stockport has increased by 211.4% to £315,000 in the last 20 years, a profit of £213,900 That means, when adjusted for inflation in those two decades, Stockport house prices have risen in real terms by 139.3% What does this mean for existing Stockport homeowners and [...]
Finding your next Stockport property, be that for yourself to live in or as a Stockport buy-to-let landlord, can sometimes be a scary task. You are possibly making one of the biggest purchases of your life, and you want to ensure you make the right choice. Buying your next property [...]
Traditionally, if you had not sold your Stockport home by the first week in November, you would normally have to wait for the house sellers to return in the famous Boxing Day rush on the portals (Rightmove, Zoopla etc) to get potential buyers interested. Yet matters have been different this [...]
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. [...]
