Category: property market news

Zero Application Fee

Ahead of the 1st of June when the Government introduce zero application fees for tenants you will be pleased to know any tenants looking to rent through Julian Wadden from today the 1st April 2019 you will pay no application fee!

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Dale Road site approved: 19 new executive homes by Seddon Homes.

Seddon Homes has been given planning permission for a 19-home development on Green Belt land in Marple on the site for a former care home.

The style of the properties range from detached, semi’s and bungalows, all are in great demand in the area and I’m sure there will be a queue for this unique location.

If your interested in the development and want to get in the best position possible to reserve one of the plots then please call me on 0161 427 0755.

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MARCH MARKET SPRINGS UP

  • Wednesday 20th March marked the official start of spring, traditionally a busy time for the country’s estate agents.
  • On average, over the past five years, March has been the busiest month of the year for property viewings, with May and then April following in second and third place.
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BIGGEST CHALLENGES FACING THE HOUSING MARKET AT PRESENT

  • With just days to go before the UK was expected to leave the EU, we seem no closer to a solution than when Article 50 was triggered almost two years ago. It is little wonder therefore, that uncertainty is expected to continue to impact the housing market
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ONE IN TWELVE LANDLORDS UNAWARE OF LEGISLATIVE CHANGES

  • One in twelve landlords is unaware of a suite of legislative changes that occurred across the lettings industry in recent years, according to the findings of the English Private Landlord Survey 2018 published in January.
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February Market review of SK6: A drop in sales yet more come to the market.

February has come out strong with listing 6% more properties then the area did last year with 89 new properties coming to the market in comparison to its 81 in 2018. This is re assuring not because it has increased but mainly because it hasn’t decreased. Vendors are showing they still have faith in the market despite the constant negative news in the media regarding our political situation.

However the volume of sales agreed has dropped across SK6 by 12% this could be interpreted as buyers feeling unsure of where the market is heading or simply they are catching up with Vendors actions to put their property to the market. As other news outlets report record first time buyer mortgages being approved as well at Brexit being finally put to bed this could all lead to an even stronger market place. If you’re interested in exploring the market further please let me know on 0161 427 0755 or at jonathanhyde@julianwadden.co.uk

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FLYING THE NEST

  • Leaving home is often considered one of the biggest steps into adulthood, however, according to new research by the Office for National Statistics, young people are living at home for longer.
  • Twenty years ago, just one-quarter of those aged 18-34 in the UK still lived at home with their parents. Latest data indicates that the figure is now almost one third, equivalent to just over 4.7 million people.
  • There is also a significant difference according to gender: while just one-quarter of females remain at home with their parents, the figure is 37% for men.
  • Access to higher education, affordability of housing, and the ability to save money are just some reasons for staying put. The average age of a first-time buyer across England is now 34 up from 26 in 1997, while the average total income of purchasers has more than doubled from £18,080 to £41,839 over the same period (UK Finance).
  • If you are thinking of leaving your family home then please do get in touch on 0161 427 0755! We will help you find your own home and we have an in house mortgage advisor.
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1000 SALES PER WEEK AIDED BY HELP TO BUY

  • On average 965 sales per week have been completed using Help to Buy across England and Wales during 2018 (to the end of September), according to data released by the Ministry of Housing, Communities and Local Government and the Welsh Government.
  • Over 160 properties are purchased each week with the aid of Help to Buy across the South East, double that recorded in Yorkshire and the Humber, and three times as many as across the North East.
  • 81% of purchases in England and 75% across Wales, have been to first-time buyers.
  • The estimated average purchase price of a first-time buyer property aided by Help to Buy is £198,001 in Wales, £262,886 across England (excluding London) and £457,775 within London.
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