Property Market News2020-10-21T10:56:55+01:00

Property Market News

MARPLE HOMEOWNERS TO FACE POST-LOCKDOWN MORTGAGE RATE RISE OF £672 A YEAR

With grocery, energy and other household prices/costs rising and hitting everyone’s back pocket, inflation (rising prices) may feel like an unimportant issue when it comes to the cost of keeping a roof over your head. Yet nothing could be further from the truth for many Marple homeowners and Marple landlords. [...]

By |November 12th, 2021|

CAN THE MARPLE HOUSE PRICES REALLY KEEP GOING UP?

The stamp duty tax holiday is over, furlough finished at the end of September, unemployment is due to rise and inflation is rife … is this the end of the post lockdown Marple property boom? Surely, we are heading for house price correction? Forecasting what will happen in the Marple [...]

By |November 1st, 2021|

Wages Rising by 8.3% pa – How Will This Affect the Marple Property Market?

As they struggle to meet demand, Argos have had to increase the wages of their HGV drivers from £11.41 an hour to £15 an hour - a rise of 31.2% meaning their pay goes from £27k to £35k. Care home providers are offering signing-on bonuses of many thousands of pounds [...]

By |October 6th, 2021|

Why Are More Marple OAP Homeowners Deciding Not to Move Home?

A recent report by Legal & General stated that since the pandemic, many older homeowners had put their plans to move home 'on ice'. It said that fewer OAP homeowners are planning to downsize from their large family homes after the pandemic made them realise the actual value of their [...]

By |October 1st, 2021|

Marple Homeowners Have Turned to the Rental Market to Cash In By £29,400 Each

Should you sell or should you buy in this most interesting Marple property market? I have calculated that at least 16 Marple house sellers have rented a home to break their house chain in the last 12 months, although at a cost as they face paying many thousands of pounds [...]

By |September 8th, 2021|

CAN MARPLE HOUSE PRICES REALLY KEEP GOING UP?

Marple house prices rose by 0.7% last month, according to the Land Registry. This means the annual rate of house price growth in Marple has increased to 11.5%. Looking at the national figures, many people were concerned the UK property market was overheating as spring saw annual growth of 9.9%, the highest [...]

By |July 21st, 2021|

MARPLE BUY-TO-LET PROPERTY MARKET GOING INTO CRISIS?

Marple landlords, sell your property portfolios, your tenants will soon be leaving in droves as they buy their first home with the new 5% deposit mortgages backed by the Government’s new mortgage-guarantee scheme revealed in March’s budget! These 95% mortgages are to be supported by the Treasury, lessening losses for [...]

By |June 4th, 2021|

WHY BUILDING A RELATIONSHIP WITH LOCAL ESTATE AGENTS IS ESSENTIAL FOR PROPERTY INVESTORS

Mark from our Marple Branch goes into some of the reasons why it is always good to get in touch with your local agents if you are looking to get into the buy-to-let market. https://youtu.be/UzbuCGkl0sE

By |April 6th, 2021|

MARPLE PENSIONER HOMEOWNERS ARE NOW WORTH £938,904,000

How wealth is distributed will always be a contentious issue, especially as the Baby Boomers (those aged between their late 50’s and late 70’s) wealth has grown exponentially over the last 20 years, compared to the wealth of the younger generation. With most UK property in the hands of the [...]

By |March 31st, 2021|
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ABOUT THE BLOG

This blog follows the property and buy to let market in Marple, The Bridge, Mellor and Compstall. You’ll find insight, commentary and analysis that relates specifically to SK6, along with the latest investment deals from all agents in the area.

DANIEL BROWNHILL – CO-AUTHOR

Dan blog 768x765 1 300x300 - Property Market News

I am passionate about our area, so if you have any property related questions, whether buying, selling, letting out or just curious about what’s happening this very moment in the Marple, Marple Bridge, Mellor and Compstall property market then just pop into my office, alternatively call or e-mail me. I look forward to hearing from you and having a chat.

0161 427 0755

danielbrownhill@julianwadden.co.uk

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