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Preston’s £1.76 Billion Inheritance from Baby Boomers Won’t Save Gen X and Millennials

Many people we talk to in their late 30s to late 40s are relying on the inheritance from their Baby boomer generation parents to help them in their home buying and retirement future. It is true there is £2 trillion (£2,040,861,524,790 to be exact give or take a few pennies) tied up in equity in […]

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UK House Sales 2024 vs 2023…

This informative graphic illustrates the buoyancy of the property market across the United Kingdom for the early part of 2024, specifically from the 1st of January to the 16th of March, compared to the same period in 2023. Over that time frame, there has been a 19.4% increase in UK house sales agreed from 203,254 […]

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Preston Property Blog – The Preston Property Market Report for March 2024

As a local Estate and Letting Agents, we like to monitor the Preston property market, compare it to the UK property market, and then share it with homeowners and landlords. For February 2024, the UK property market has seen a continuation of the solid start in the first month of the year. Therefore, in this […]

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The 5 Step Process to Decluttering Your Home to Sell…

This is our five-step decluttering guide to greatly aid homeowners in both enhancing their living space and boosting their property’s appeal to potential buyers. Step 1: Start with Surface Clutter Begin by tackling the visible clutter on surfaces such as tables, kitchen worksurfaces, and shelves. This initial step creates immediate visual improvement and sets a […]

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How has the Spring Budget affected Homeowners?

The Spring Budget 2024 has introduced some changes that could significantly influence your property strategies and investment outcomes. Here’s a comprehensive mini update: Capital Gains Tax Cut: A major highlight is the reduction in the higher rate of property Capital Gains Tax from 28% to 24%. This tax is applicable when you profit from the […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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