Since last autumn, there's been much doom and gloom around the UK property market, largely to do with the cost of living crisis and increased mortgage rates. Had you bought an investment property or property to live in, last May for example, with a decent deposit, you could easily have secured a fixed rate deal
Because many Buy to Let landlords are leaving the Buy to Let sector, there is an acute shortage of rental properties not just in Leeds, but nationally. We all know what happens when demand exceeds supply - prices rise. From daily inflation to rising mortgage costs, there is some gloomy news for tenants from RICS
Glasgow and Manchester are the best UK cities to invest in outside of London, according to Hometrack and Zoopla reports. Cross the Pennines it seems if you want optimal property investment returns. Manchester has an annual property value increase of 15.6% as well as a rental yield of 5.1%. Gordon Dutfield, chief executive at Redmayne Smith,
Will property prices continue to rise? Hogan’s, in common with estate agents up and down the country, have seen property prices rise in Leeds, in line with the price of everything else. But will this continue? The short answer, according to Stephen our Director, is probably not. The past few years, you see have seen
2005. 2005 was the last year when a month saw property price increases like the one just witnessed in January 2022. One of the biggest selling songs, 17 years ago, aptly too was Gold Digger by Kanye West. Will 2022 see this property price growth continue or will the property market cool down? Read on
There's no doubt that 2020 and 2021 have been unusual years, to put it mildly. The pandemic made people re-evaluate living space as working from home, with kids, became a norm for many. This saw demand rise for properties for sale or let with 3 or more bedrooms. The Stamp Duty holiday added to the buying
We are conscious of the "clickbait" nature of our new blog post, but, trust us, we do have honourable intentions. You may be guessing it's all about location as Kirsty Allsop and Phil Spencer force-fed the location mantra on the nation on Channel 4 weekly. Yes it's important. It's a factor in selling and yet
We know, as estate and letting agents based in east Leeds, that our city has a vast range of property prices based on the old truism of location. Certain suburbs of Leeds have huge average sale prices, well above the national average, whilst others sit well below. It was interesting then to see results from
Across the UK, property is still selling like hot cakes according to the national press. This was partly down to the stamp duty holiday, but also led by other factors: like low mortgage rates, relaxed rules on home deposits and a shortage of real estate. It's been no different here in Leeds. We've seen too
Is Buy to Let still a good use of your savings? This past year, in Leeds and elsewhere, property prices have accelerated. The Halifax reports this week that such rises may be cooling, but for first time buyers, mores and investors, property values have been rising quickly in the past year. Rishi Sunak, the Chancellor
