Property News In Leeds

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Christmas Wish List 20 December 2024

* A cherished holiday tradition that brings a touch of magic to the season is crafting Christmas wish lists. Each year, many people write a list, hoping to receive the gifts of their dreams.

* At the top of home movers" wish lists for their agent are trust, likeability and reputation.... Read More

Home For Christmas 12 December 2024

* Christmas is the most merry time of the year, spreading love and festive cheer. Woodbridge in Suffolk wears the crown, of the happiest of UK towns. Richmond upon Thames jingled into second place, slipping from last year"s top spot, while Hexham in Northumberland came third.... Read More

A Tree-mendous Tradition 05 December 2024

* Around 7 million Christmas trees are grown in the UK every year. Growing that many festive firs takes about 2,240 hectares of land, equivalent to 120,000 average-sized UK gardens.

* Approximately 75% of the trees sold in the UK consist of Nordmann Fir, with the remaining portion comprising Norway Spruce, Fraser Fir, and a selection of other less prevalent species.... Read More

Slowing pipeline: new home approvals hit a decade low 28 November 2024

* The latest Home Builders Federation"s Housing Pipeline Report has found that the number of units and sites gaining planning approval have continued to drop for yet another quarter.

* Just over 230,000 units were granted planning permission over the last 12 months, the lowest figure in the last decade.... Read More

Landlords take steps to meet EPC requirements 21 November 2024

* Over two thirds (67%) of landlords currently own at least one property that does not meet the new requirements for the government"s proposed EPC ‘C" targets.

* The government has confirmed that all homes in the private rented sector will have to achieve Energy Performance Certificate "C" or equivalent by 2030.... Read More

Pendulum Swings To New-build 15 November 2024

* With rising energy costs a concern, 53% of home movers would consider buying a brand new home, up from 47% last year.

* This is consistent across all age groups showing new-builds appeal to everyone, not just for first-time buyers or those who don"t like maintenance.... Read More

Mortgage Approvals Rocketing! 05 November 2024

* Remember remember this November, the housing market is still ablaze with activity from igniting buyer interest.

* Mortgage approvals rocketed up to 65,647 in September, reaching heights not seen since August 2022. This marks the fourth consecutive monthly increase, with rates a dazzling 49% over last year"s lower levels.... Read More

Spooky Street Names 31 October 2024

* Halloween is a monster of a market, with spending in the UK expected to creep up to a spine-chilling £776 million in 2024.

* It would also seem that some home movers like a hint of Halloween magic in their everyday lives. Roads named "Broom Water" have averaged £3.... Read More

Pick Of The Crop 25 October 2024

* The number of available homes for sale per estate agent has reached its highest level since 2014 and 12% higher year-on-year, giving buyers the pick of the crop.

* Despite strong housing market activity, the number of new properties hitting the market and the time they take to sell are both rising, leading to an increase in available homes for sale

* In this buyers market, sellers must price competitively to achieve a sale as affordability remains stretched and choice levels are high.... Read More

Sales Surge 18 October 2024

* Falling mortgage rates are helping boost sales levels. There were 332,200 sales agreed across the UK in Q3 2024, 23% above the same period last year.

* While 2023 was a low base to compare with, Q3 2024 sales were also 7% ahead of the same quarter in 2019 (a stronger year for comparison purposes).... Read More

Student Renters – Huge Scale Of Student Demand 11 October 2024

* With a new academic year just getting underway; it makes a good time to reflect on the huge scale of student demand and how many live in purpose built student accommodation (PBSA) or in the wider private rental market (PRS).

* Overall in the private rental sector, there are around 4.... Read More

Who Are The Next Generation Of Landlord? 05 October 2024

* Residential property has long been the investment choice for many in the UK, but as original buy-to-let landlords near retirement, a new generation must step up to meet the future demand for rental homes.

* The average age of an "aspirational portfolio landlord" (landlords with between one and three properties who expressed a desire to growth their portfolios) is 37.... Read More