AS THE HEATONS FIRST-TIME BUYERS ARE BEING LOCKED OUT OF THE HEATONS PROPERTY MARKET – RENTS HAVE RISEN BY 4.9%

With the banks reducing the number of low deposit mortgages (i.e. deposit of 10% and below) since Covid-19 hit in the spring, this has meant that the number of The Heatons first-time buyers has been decreasing quickly, meaning many of those would-be The Heatons buyers wanting to make the first step on [...]

By |2020-11-23T21:12:29+00:00November 23rd, 2020|All Things The Heatons, Property Market News|

THE HEATON’S ‘GENERATION RENT’ TO BECOME ‘GENERATION BUY’?

Boris Johnson has attracted both praise and horror in equal measure with a new plan for 95% mortgages to help beleaguered first time buyers to get on the property ladder, but would that expose UK taxpayers to too much risk? In this article I discuss the implications of what that [...]

By |2020-11-23T21:18:25+00:00November 21st, 2020|All Things The Heatons, Property Market News|

WHY ARE SOME BANKS REINING IN OVER-ENTHUSIASTIC HEATONS HOMEBUYERS AND BUY-TO-LET INVESTORS?

The Heatons property market is an enigma and chock-full of contradictions. Notwithstanding an economic recession and forecasts of property values dropping, nobody seems to have informed the Heatons homeowners selling their homes and those Heatons people looking to buy them. As I have discussed in many recent articles on the [...]

By |2020-11-23T21:18:33+00:00November 19th, 2020|All Things The Heatons, Property Market News|

HEATONS HOUSE PRICES 2021

What will happen to the value of your Heatons home next year? What will a no deal Brexit on the horizon, the end of the stamp duty holiday in March, mortgage payment holidays coming to an end, unemployment set to rise after furlough and ongoing on/off coronavirus restrictions do to [...]

By |2020-11-23T21:18:39+00:00November 2nd, 2020|All Things The Heatons, community news, Property Market News|

NIMBYISM IN THE HEATONS IS DEAD – LONG LIVE THE PLANNING PERMISSION RULE CHANGES:

The 1st July 1948 heralded a new dawn in how property was built, as the Town & Country Planning Act 1947 came into force, meaning no property could be built without the say so of the local authority. Now, Boris Johnson has announced a substantial change to that, by in effect, [...]

By |2020-11-23T20:47:52+00:00August 28th, 2020|community news, Property Market News|

WHAT’S NEXT FOR THE HEATONS PROPERTY MARKET?

There is no doubt that Coronavirus will affect The Heatons property market, but just how? The ensuing economic challenges are going to impact The Heatons (and UK) property market, yet no one knows the real answer. The newspapers eulogise different opinions, but that's all they are – opinions and everybody's [...]

By |2020-11-23T20:47:36+00:00August 5th, 2020|Property Market News|

HEATONS HOMEBUYERS & LANDLORDS SET TO SAVE £1,282,220 IN STAMP DUTY OVER NEXT NINE MONTHS

The British are infatuated with owning their own property and politicians know that. Margaret Thatcher used it as a vote winner in 1979 when she allowed council house tenants to buy their own home. Coming to the present day, Boris Johnson’s Conservative government have anxieties that the Brits have not been buying [...]

By |2020-11-23T20:47:15+00:00July 15th, 2020|community news, Property Market News|

THE HEATONS PROPERTY MARKET – THE LAST 10 YEARS

One of my Heatons landlords contacted me last week from Heaton Moor, after he had spoken to a landlord friend of his from Didsbury. He told me they were deliberating The Heatons property market and neither of them could make their mind up if it was time to either sell [...]

By |2020-11-23T20:46:36+00:00July 10th, 2020|Property Market News|
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