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Category Archives: Local News

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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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 […]

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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 […]

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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 […]

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A few quick tips about working as a successful estate agent…

A few quick tips about working as a successful estate agent in the local market: Setting realistic pricing, reflective of the current economic conditions and buyer capabilities, is crucial to successful transactions Effective communication and being proactive is also crucial Develop strong listening skills to understand clients’ needs, situation and moving requirements Clearly communicate information […]

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Understanding House Surveys in the UK: Responsibilities, Types, and Differences

When embarking on the substantial investment of buying a home, it’s crucial to ensure that your purchase is sound and worthwhile. This is where house surveys come into play, offering a detailed inspection of the property’s condition before you commit to the purchase. In the UK, the dynamics of who organises and pays for these […]

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Mortgage News…A Welcome Decline in Mortgage Rates!

In a recent financial turn, Preston and Chorley residents are experiencing a wave of relief as mortgage rates across the UK take a surprising dip. This reduction, led by major lenders, signals a potential opportunity for the local housing market, directly affecting homeowners, landlords and first-time buyers. Leading the charge, Halifax announced on the 2nd of […]

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Can a wood burner add value to your home?

Can a wood burner add value to your home?   A wood burner can indeed add significant value to your house, both in terms of its market appeal and its practical benefits. As the demand for sustainable and energy-efficient homes continues to rise, the charm of a wood burner has become more prominent among homebuyers. […]

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