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HEATONS HOUSE PRICES – THE EFFECT OF RISING INFLATION

House prices tend to rise with inflation, so with the UK annual inflation hitting 4.2% last week, that’s good news, isn’t it? Yes and no – let me explain what it means for Heatons homeowners. The year-on-year cost of living rose by 4.2% in October, its highest rate in almost [...]

By |2021-12-10T11:14:22+00:00December 10th, 2021|All Things The Heatons|

THIS IS WHY THE HEATONS PROPERTY MARKET HASN’T RUN OUT OF STEAM

In recent articles on the Heatons property market, I have been talking a lot about house prices over the last 12 months and 5 years in the Heatons. When it comes to newspapers talking about the property market, the headline most people look at is what is happening to house [...]

By |2021-12-10T10:16:46+00:00December 7th, 2021|All Things The Heatons|

HEATONS HOMEOWNERS TO FACE POST-LOCKDOWN MORTGAGE RATE RISE OF £831 A YEAR

With grocery, energy and other household prices/costs rising and hitting everyone’s back pocket, inflation (rising prices) may feel like an unimportant issue when it comes to the cost of keeping a roof over your head. Yet nothing could be further from the truth for many Heatons homeowners and Heatons landlords. [...]

By |2021-11-12T12:36:24+00:00November 12th, 2021|All Things The Heatons, Property Market News|

CAN THE HEATONS HOUSE PRICES REALLY KEEP GOING UP?

The stamp duty tax holiday is over, furlough finished at the end of September, unemployment is due to rise and inflation is rife … is this the end of the post lockdown The Heatons property boom? Surely, we are heading for house price correction? Forecasting what will happen in The [...]

By |2021-11-16T17:46:24+00:00November 1st, 2021|All Things The Heatons, Property Market News|

Wages Rising by 8.3% pa – How Will This Affect the Heatons Property Market?

As they struggle to meet demand, Argos have had to increase the wages of their HGV drivers from £11.41 an hour to £15 an hour - a rise of 31.2% meaning their pay goes from £27k to £35k. Care home providers are offering signing-on bonuses of many thousands of pounds [...]

By |2021-10-06T09:57:10+01:00October 5th, 2021|All Things The Heatons, Property Market News|

Why Are More Heatons OAP Homeowners Deciding Not to Move Home?

A recent report by Legal & General stated that, since the pandemic, many older homeowners had put their plans to move home 'on ice'. It said that fewer OAP homeowners are planning to downsize from their large family homes after the pandemic made them realise the actual value of their [...]

By |2021-10-06T09:32:40+01:00October 1st, 2021|All Things The Heatons, Property Market News|

Heatons Homeowners Have Turned to the Rental Market to Cash in by £10,800 Each

Should you sell or should you buy in this most interesting Heatons property market? I have calculated that at least 41 Heatons (SK4) house sellers have rented a home to break their house chain in the last 12 months, although at a cost as they face paying many thousands of [...]

By |2021-09-08T11:29:48+01:00September 8th, 2021|All Things The Heatons, Property Market News|

Heatons Homeowners Profit by £64,980 in Last 5 Years

…yet Bitcoin investors would have made £13,787,150 in profit. Is investing in ‘Bricks & Mortar’ dead? Investing in property has historically been a sound investment, yet alternative investments (like Cryptocurrency) have been gaining traction over the last five years. So, should we all ditch buying our own home and buy Bitcoin? [...]

By |2021-08-19T09:00:21+01:00August 19th, 2021|All Things The Heatons|

ONLY 1 IN 71 THE HEATONS PROPERTIES ARE BUNGALOWS, DESPITE AN AGEING POPULATION. WHY?

The bungalow is a building that has represented a more leisurely, gentler way of life since the early 1900’s. Bungalows have been sold as an aspiration for those about to retire, saving them the annoyance of having to climb stairs. With an ageing population, one would think they would be [...]

By |2021-08-19T08:38:24+01:00August 19th, 2021|All Things The Heatons|

CAN THE HEATONS HOUSE PRICES REALLY KEEP GOING UP?

Heatons house prices rose by 0.7% last month, according to the Land Registry. This means the annual rate of house price growth in Heatons has now increased to 11.5%. Looking at the national figures, many people were concerned the UK property market was overheating as spring saw annual growth of 9.9%, [...]

By |2021-07-21T15:19:27+01:00July 21st, 2021|All Things The Heatons, Property Market News|
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