Property Market News
NIMBYISM IN MARPLE IS DEAD – LONG LIVE THE PLANNING PERMISSION RULE CHANGES:
How will this affect the 23,980 Marple Property Owners? The 1st July 1948 heralded a new dawn in how property was built, as the Town & Country Planning Act 1947 came into force, meaning no property could be built without the say so of the local authority. Now, Boris Johnson has [...]
WHAT’S NEXT FOR THE MARPLE PROPERTY MARKET?
There is no doubt that Coronavirus will affect the Marple property market, but just how? The ensuing economic challenges are going to impact the Marple (and UK) property market, yet no one knows the real answer. The newspapers eulogise different opinions, but that's all they are – opinions and everybody's [...]
MARPLE HOME BUYERS & LANDLORDS SET TO SAVE £1,159,030 IN STAMP DUTY OVER NEXT NINE MONTHS
The British are infatuated with owning their own property and politicians know that. Margaret Thatcher used it as a vote winner in 1979 when she allowed council house tenants to buy their own home. Coming to the present day, Boris Johnson’s Conservative government have anxieties that the Brits have not been buying [...]
THE MARPLE POST LOCKDOWN PROPERTY MARKET
What have we learned in the first month? From talking to most of the Marple estate and letting agents and our own findings, it might surprise many of you that new enquiries from homebuyers, tenants, landlords and home sellers have been at record levels since lockdown was lifted from the property [...]
HOW TO TRANSFORM YOUR KITCHEN ON A BUDGET TO ACHIEVE A QUICK SALE
In often cases, the kitchen is what holds properties back from selling quickly. Not everyone can afford to replace a full kitchen, but with some pointers, and a few YouTube tutorials along the way, you can learn how to make affordable improvements yourself. Without breaking the bank. A typical 8-unit [...]
TOP TIPS FOR VIEWING A PROPERTY
When it comes to buying property, it is important to keep in mind that it could potentially be the home you live in for the rest of your life. With this in mind, it is essential that when you view potential properties that you take the time to be thorough [...]
INTEREST CUT
Interest rates have been cut to 0.25% in a bid to shore up the economy amid the ongoing coronavirus outbreak. This is the first time since the financial crisis that the Bank of England has announced an emergency move. Low interest rates may well help cushion the housing market in [...]
HELP TO BUY TAX RELIEF
Nearly half a million (464,700) first-time buyers have benefitted from over £1.1 billion of tax duty relief since the First Time Buyers’ Relief was introduced in November 2017, each saving on average £2,387. Zero tax is charged to first-time buyers on purchases between £125,000 and £300,000, which account for 77% [...]
BUYER DEMAND SOARS
Recent data released by Zoopla has shown that 2020 has started in supreme fashion for the property market; with buyer demand up 26% when compared to the same period in 2018 and 2019. With such an influx of buyers, those thinking of selling their property have [...]
RENTS RISE IN THE UK!
2019 was a year of recovering rental values following the drop observed in 2018. The DPS (Deposit Protection Service) reports a 1.4% increase in rents in 2019 (Q42018 to Q42019). […]
fall in love with the right home
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! An estimated 1.2 million residential properties were sold [...]
Property Prices Rise at Fastest Rate on Record
Rightmove has reported property price increases from December 19 to January 20 of 2.3%; representing the largest-ever increase in prices over a 4-week period since it began its asking price index almost two decades ago. With the property market starting the year in such good health, [...]
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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
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.
MARK DIAMOND – CO-AUTHOR
I have a strong passion for property, in particular the Lettings market. If you a question about lettings, potential rental returns and yields, and legal changes for landlords or anything else buy to let please get in touch.