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Category Archives: Buy to let

Why Boxing Day Is Brilliant for Savvy Home Sellers

Boxing Day is no longer just about sales and leftovers; it’s also a prime opportunity for homeowners looking to sell. Every year, property portals like Rightmove and On The Market see a significant spike in traffic as people start planning for the year ahead. Here’s why it’s an ideal time to list your home: Motivated […]

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The composition of UK households between 1996 and 2023

The composition of UK households has evolved significantly between 1996 and 2023, with some subtle yet meaningful proportional shifts that reflect changing demographics and societal trends. For couples with children, their share of total households has dropped from 31.1% in 1996 to 27.9% in 2023, a proportional decrease of approximately 10.3%. This reflects lifestyle changes, […]

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IS BLACK FRIDAY A BIG CON?

When the shopping phenomenon Black Friday crashed upon these shores from our cousins across the Atlantic it was seen as retail heaven by many. Prices slashed pretty much everywhere on everything and the best part was its timing. Black Friday or Noir Vendredi as it would be referred to in France (do they even have […]

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October ’24 Property Market News: A Comprehensive Overview for Buyers and Sellers

Are you a homeowner ? Perhaps you’re planning to move/sell/buy within the next six to twelve months, or maybe you’re on the lookout for your next dream home and have no timescales. Whether you’re buying or selling, having a clear understanding of the current state of the local property market is vital to make informed […]

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Preston Property Blog – 1 in 10.8 Home Sellers Lower Their Asking Price Every Month

1 in 10.8 Home Sellers Lower Their Asking Price Every Month As the property landscape continues to evolve, many homeowners who have been on the market for a while find themselves navigating the complex decision of when and how much to reduce their asking prices to attract buyers. With an increasing number of properties on […]

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Why November is the Perfect Month to List Your Home for Sale

The days between Boxing Day and New Year’s see a spike in online house-hunting as people look ahead to new beginnings, making November a strategic month to list. A November listing gets your home showcased to these home browses, increasing the chance of finding a buyer faster and even fetching a stronger price due to […]

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The Resurgence of the Terraced House: Or Has it Ever Been Out of Fashion?

The terraced house, once considered a relic of the past, is making a notable comeback. But one might wonder – did it ever truly go out of fashion? The simple, unassuming two-up two-down, a hallmark of Victorian red brick Britain, is now being rediscovered by modern buyers looking for more than just a place to […]

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Forbes – UK Property Market Update…

UK Property Market Update – Week Ending 20th October 2024 Keeping you in the loop with the latest insights from the UK property market. Here’s what’s happening right now: 32,500 new listingslast week (5.5% up YTD compared to 2023) 26,075 UK homes sold STC(subject to contract) in just one week, bringing this year’s total to 1,045,620 – […]

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The New Stamp Duty Increase: Another Hurdle for Landlords – But Is It Really a Game-Changer?

Over the past eight years, landlords have faced a barrage of new regulations and tax changes. From the original 3% stamp duty surcharge introduced in 2016 to Section 24’s limitation on mortgage interest relief, the new Renters’ Rights Act passing through parliament with its removal of Section 21, and recent reductions in capital gains tax […]

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Preston & Chorley Property Blog – Navigating the Rollercoaster of the Last Six Years

Navigating the Property Rollercoaster of the Last Six Years The local property market has experienced a rollercoaster ride since 2019, reflecting the unprecedented challenges and opportunities that have shaped the landscape of home buying and selling in the area. The accompanying graph vividly illustrates these dramatic fluctuations, comparing Preston’s monthly house sales, expressed as a […]

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