Property News In Leeds

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The Coast Is Clear 13 August 2022

* Trips to the seaside are one of the great joys of a traditional British summer. Given that we have over 6,000 km of coastline around England and Wales, it might come as a surprise to know that opportunities to buy a home by the coast are very rare.

* Only 1 in every 200 homes sold in England and Wales over the last 4 years has been located within 100m of the coast – that is equivalent to just 0.... Read More

Help to buy deadline looms! 06 August 2022

* There are less than three months left for First Time Buyers to benefit from the Help-to-Buy Equity Loan scheme. The deadline for new applications is 6pm on 31st October 2022.

* The Equity Loan scheme has helped over 300,000 First Time Buyers take a step onto the housing ladder since it was first introduced in April 2014.... Read More

Do You Have Hidden Treasure? 27 July 2022

* At £14bn the value of unspent paper £20 and £50 notes equates to the equivalent of over 50,000 average priced homes.

* After the 30th September 2022 paper £20 and £50 notes will no longer be legal tender in the UK.
* At the last count the Bank of England estimated there were over 460 million unspent paper notes, over £6bn unspent in £20s and £8bn in £50s.... Read More

Hot Property! 21 July 2022

* The UK has dealt with historic temperatures this week, and although the scorching heat of the housing market is showing some signs of moderating as month-on-month price rises soften, it remains sunny for those looking to buy and sell.

* Rightmove report that buyer demand, while down year on year, is 26% stronger than in pre-pandemic June 2019, with the volume of new sellers to the market up 13% compared to this time last year.... Read More

Completion Day! 14 July 2022

* Friday remains the most popular day to complete on a house or start a new rental tenancy. 40% of all property sales over the past year have completed on a Friday and a quarter of new rental tenancies were started.

* While this may come as no surprise, the proportion of sales completing on a Friday is lower than five years ago, the figure then was 48%.... Read More

Game, set and match 09 July 2022

* The 135th Wimbledon Championships is well underway, with the All England Club celebrating its centenary of hosting this iconic Grand Slam.

* Across Great Britain there are about 24,000 tennis courts; around 2.8 million (10%) of households live within 400m of a public tennis court.... Read More

Making sense of the Census results 01 July 2022

* The first results of the 2021 Census published on June 28th show the population of England and Wales was 6% higher on Census day 2021, compared to Census day 2011. The number of households was also 6% higher.

* Over the same period property prices rose by an average of 39%, urban areas outperforming their rural counterparts.... Read More

Rise In Length Of Tenancies 17 June 2022

* Findings from a landlord survey by Rightmove indicate a change in renter behaviour against a backdrop of record rents and rising household bills.

* Over the last year, 20% of landlords reported a rise in their average length of tenancy, with the most common average tenancy period being over two years (63%).... Read More

Platinum Property Prices 27 May 2022

* As the nation prepares to celebrate the Queen"s Platinum Jubilee, we"ve looked back at changes in the housing market during the reign of Queen Elizabeth II.

* In 1952, the average price of a home was just £1,891. Adjusting for inflation that would be £57,997 today.... Read More

Average Commutes Rise For Renters 20 May 2022

* Traditionally, those living in private rented homes have tended to live close to their place of work. This is often a lifestyle choice to minimise commute times/cost and to enjoy city living.

* Across England and Wales, the distance renters live from their place of work has risen by 31% since the pandemic, from 19 miles to 26 miles as hybrid and remote working have become options for many.... Read More

How does your garden grow? 19 May 2022

* UK households are spending more on gardens, plants and flowers than ever before. At £7.6 billion, expenditure in 2021 was up by over £1 billion on 2020, and up 39% on five years ago.

* Nearly 90% of UK homes have a garden; with plants and flowers adorning terraces and internal spaces also popular, it"s an easy way to make your home more appealing.... Read More

Going up: rents rise in all regions 12 May 2022

* The average rent in the UK at the end of April 2022 was £1,091 pcm (per calendar month), up 9.5% on the same time last year and up 1.2% from March.

* Positive annual and monthly change in rental prices have been recorded in every region. London has seen the highest increases: annual (14.... Read More