Now we know Labour will be taking the reins of government and ushering in a new era of policies and promises, particularly in housing and property markets. Their manifesto outlines ambitious plans to address the chronic issues of housing affordability, renters’ rights, and homelessness. However, the practical implementation of these initiatives, especially in a local […]

The UK property market has demonstrated remarkable resilience despite facing significant challenges over the past 18 months. Many analysts in the autumn of 2022 predicted a severe downturn in house prices, driven by economic uncertainty, a cost-of-living crisis, and rising mortgage rates. Yet, contrary to these grim forecasts, UK (and Preston) house prices have remained […]

As a trusted local estate agent, analysing the trends and patterns of the property market is crucial for providing valuable insights to homeowners, home buyers, and landlords. The recent data presented in the graphic illustrates a fascinating trend: the number of bedrooms in a home significantly impacts its saleability. From the data, we see that […]

Understanding the nuances of property sales is essential for both homeowners and investors in the dynamic Preston property market. A few weeks ago, the Preston properties that sold subject to contract (stc) in the three months of Dec, Jan & Feb, took an average of 63 days to sell. Now time has moved on, looking […]