01257 273324 - Forbes Estates & Letting Agents

Monthly Archives: February 2024

Preston Property Blog – 44.38% of Preston households are 3-bedroom homes.

Is that enough? As an estate and letting agent with a keen eye on the local property trends, it becomes imperative to delve into the landscape of property types, mainly through the lens of bedroom distribution across various tenures. This analysis enriches the knowledge base of Preston homeowners and landlords and positions them advantageously in […]


Preston, Chorley and UK First-Time Homebuyers

A Tale of Rising Fortunes As the heartbeat of the UK’s property market quickens, for local first-time buyers and across the nation have witnessed a remarkable evolution in housing affordability. The average price paid by those stepping onto the property ladder paints a picture of both challenge and opportunity. In 2015, North West aspirant first […]


Help! My property is not selling…

Property not selling? Four reasons why and how to fix them: Your house has been on the market for a while but you don’t seem to be getting any offers. Do you drop the price? That’s not always the answer. Here are four helpful things you should investigate further before you even consider reducing the […]


What type of tenure is your home?

In a fascinating shift within our housing landscape, a significant 32.8% of households in Britain now own their homes outright, devoid of any mortgage, marking a notable rise from 23.6% in 1991. This trend underscores a growing financial stability among homeowners, contrasting sharply with the decrease in households owning homes with a mortgage, now at […]


Preston Property News – Preston homes with 2 or more spare bedrooms

Discover Local Hidden Gems: Unveil the Abundance of Spacious Homes Awaiting New Memories. Dive into the heart of Preston’s property landscape with our illuminating heat map, showcasing a treasure trove of homes brimming with extra space and potential. Our meticulous analysis, drawn from the latest Census 2021 data, reveals a striking pattern of generously sized […]


Preston and Chorley Property Blog – House Sales Up 14.8% on 2023 as Mortgage Rates Fall

Yet is it a sellers’ market in Preston and Chorley? The number of agreed UK property sales until the last Sunday of January (28th) is 8.35% higher than a year ago. Tumbling mortgage costs have encouraged buyers and sellers to return to the property market. There is a more buoyant picture for the UK property […]


1 in 6 Retirees Renting in Retirement

In the ever-evolving UK housing landscape, renting is not just for the young. In fact, just under 1 in 6 retirees (975,230 of the 6.36million retired households) live in private rented accommodation. The golden years are seeing a surprising trend as more and more retirees are choosing to rent. This shift is influenced by soaring […]


Preston & Chorley Property Market – The Property Market in 2024:

A Robust Start with Implications for Preston and Chorley As an experienced local estate and letting agent, we have been closely monitoring the trends in the UK property market. As of January 11th, 2024, the market has shown a solid start, a trend worth exploring, especially in how it might mirror or differ from the […]