Would it surprise you to know that in some parts of Chorley, predominantly prosperous areas with high proportions of mature residents, the housing crisis is not one of supply so much as dispersal of that supply? Theoretically, in Chorley there are more than enough bedrooms for everyone – it’s just they are disproportionately spread among […]

One of the key factors of the health of the local property market is the number of properties for sale at any one time. The issue with housing is that when demand goes up, unlike with a confectionary bar factory, who can add a couple of hours overtime to increase supply/production to satisfy demand, it […]

We received a call recently from a retired gentleman who had lived in the same house for more than 40 years. He was relocating to be closer to his family and was selling his property for the first time and unsure what to ask agents. The advice we gave him is what we share with […]

Nationally, the number of new homes created in 2018 was 222,194, the highest since 1989. Yet since 2002, the average number of properties built in the UK has only been 146,700 per year. You would think, seeing all the new homes sites around, you could ask are we building too many houses, especially off the […]

The proportion of 25 to 34-year olds who own their home in Chorley and Leyland has nearly halved in the last 20 years, so what does this mean for all the existing landlords and homeowners together with all those youngsters considering buying their first home? Well, looking at the numbers in greater detail, in Chorley […]

We love all kinds of property at Forbes Estates. From a one-bedroom studio flat to a sprawling 7-bedroom country home complete with a swimming pool, sauna and Jacuzzi. And one of the UK’s favourite types of homes, especially as the population lives longer, are bungalows. One floor living is getting a lot of love in […]

As 34.2 of Chorley Property on the Market is Sold…Are there any bargains because of Brexit? Bargains – well yes and no – and let me explain why. To find a bargain you need to know the ‘market’, yet there is not one ‘property market’ in the UK. In fact, the British property market is […]

Chorley House Prices up 19.4% in the last 5 Years… Over the last 5 years, we have seen some interesting subtle changes to the local property market as buying patterns of landlords have changed ever so slightly. The background to this story was the recently published set of buy-to-let (BTL) lending statistics. Roll the clock […]

Chorley Property Market – Outlook for 2019 Chorley property values are currently unexpectedly 5.1% higher than at the end of 2017, notwithstanding the uncertainty and threats over the potential impact of Brexit in 2019. This has exceeded all the predictions (aka guesses) of all the City of London economists, in an astonishing sign of strength […]