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 […]

Whenever people sell their homes with us at Forbes Estate Agents one of the questions which nearly always comes up from them is – How do I respond to offers? Below is our five-point advice on what you need to consider when deciding whether it’s an offer too good to refuse. An accurately priced and […]

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 […]