Property News In Leeds

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Price It Right! 16 March 2023

* With price sensitivity increasingly evident in the property market, understanding local market conditions and pricing realistically are essential to achieve a sale. Zoopla report that while 59% of listings in February had no price reduction, four in ten did.... Read More

New build number high, new build energy use low 11 March 2023

* Nearly 200,000 new build homes were registered in the UK in 2022, the highest number since 2007 and up 26% on 2021, according to the latest statistics produced by the NHBC. Registrations increased in all regions of England and Wales.

* More than half of buyers would consider a new build home.... Read More

More mortgage product choice 02 March 2023

* Across the mortgage market product choice is increasing. According to Moneyfacts there are more than 4,300 different deals available. This is the first time since August 2022 that product choice has risen above 4,000.

* Competition between lenders in the mortgage market is good news for prospective buyers and home movers.... Read More

Flipping days to sell 24 February 2023

* You batter be ready as Pancake Day takes place 47 days before Easter Sunday, 15 days under the average 62 days Rightmove report it takes to secure a buyer.

* A flipping 117 million pancakes will be eaten on Shrove Tuesday alone, 92 times the number of sales that were estimated to take place in 2022.... Read More

Lucky number 7 17 February 2023

* Seven. Considered by many a lucky number, and as a homeowner if you stay in a property for 7 years it is likely to have risen in value.

* Analysis of historic monthly house price data from Nationwide indicates that at no point since records began in 1952, has national 7-year property price growth been in negative territory.... Read More

Head over heels in love with your home? 08 February 2023

* Buying a home is like falling in love. You can expect to go through the same ups and downs, emotional tugs and pulls, and even similar stages.

* The one that got away? Don"t panic, there are plenty more fish in the sea! 2023 is predicted to be a buyer"s market and around 1 million properties are expected to change hands (UK Finance).... Read More

Jump in buyer demand 03 February 2023

* Following two months of falls, average new seller asking prices rose by 0.9% in January 2023. This is the largest rise in prices at this time of year since 2020 and is indicative of sellers testing the market.

* Rightmove are also reporting other signs of positivity in the market, although they acknowledge that it is early days.... Read More

Houses still most popular with new buyers 01 February 2023

* Houses remain the most popular choice for new buyers, but the proportion of prospective purchasers looking for apartments is on the rise.

* Hometrack report that over 30% of new buyers are currently looking for a flat, with more than 1 in 4 (27%) specifically seeking a 1- or 2-bed apartment, up from 22% a year ago.... Read More

2023: The year of the Rabbit 19 January 2023

* This year, Chinese New Year falls on the 22nd January, beginning the Year of the Rabbit. The rabbit is one of 12 zodiac animals and it represents patience, peace and prosperity.

* Since the last year of the Rabbit in 2011, average house prices in the UK have risen by a total of 59%, with an average annual rate of 4.... Read More

Rental market expected outperform sales market over next 5 years 05 January 2023

* An average of economists and housing market commentator forecasts over the next 5 years expect the rental market out perform the sales market, at 3.3% compared to 0.9% per year.

* The sales market could see falls in average prices of homes by -7% by the end of 2024 but growth is then expected to return and average 3.... Read More

New Build Homes This Year 02 December 2022

* As households across the nation dust off the age-old recipe for gingerbread houses, we"ve taken a look at what house builders have cooked up recently.

* Close to 200,000 new homes were registered in the year to the end of September 2022, the highest total since before the Global Financial Crisis.... Read More

Renewing rental contracts 23 November 2022

* Renters are more likely to renew their tenancy if they are renting through an agent than directly through a landlord, 75% compared to 68% (Property Academy).

* Yet nearly half of all private landlords were not using an agent to let or manage their properties, according to a survey of private landlords (DLUHC).... Read More