Property Market News
THE BUSIEST DECEMBER FOR THE HEATONS HOUSING MARKET SINCE 2006
Over the last six months, The Heatons Property Market has been flourishing. As soon as an estate agents “For Sale” flag went up, neighbours would be checking out Rightmove to see the internal pictures and compare the asking price to their own home (go on ... admit you do that [...]
THE HEATONS PROPERTY MARKET: IS IT TIME TO STAMP OUT STAMP DUTY?
Most people pay Stamp Duty Tax when they buy a property, house, apartment or other land and buildings over a particular price in the UK. The Chancellor, Rishi Sunak, (quickly followed suit by the Welsh and Scottish Governments) announced last July that Stamp Duty was partially being suspended on all English [...]
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 [...]
THE HEATONS ‘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 [...]
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 [...]
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 [...]
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, [...]
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 [...]
PROPERTY FOR SALE IN LEESIDE, HEATON MERSEY
Join Julian today as he braves the rain to tell you a bit more about this property in Leeside. This is a must view fantastic property, arrange a viewing here...https://www.julianwadden.co.uk/…/HMR…/stockport/sk4/leeside… https://youtu.be/BJ_A90Rs0bc
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 [...]
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 [...]
PROPERTY MARKET IN LOCKDOWN?
Two weeks ago today, we formally reopened our doors for both Sales & Lettings, and the demand has been simply incredible. A huge number of enquiries, viewings and offers being agreed to both sides, the effects of the property market coming out of lockdown have been [...]
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ABOUT THE BLOG
JULIAN BETHELL – CO-AUTHOR
I’ve worked in the local property market for over a decade and I’m a director of Julian Wadden. I am really passionate about The Heatons, so if you have any property related questions, whether it be buying, selling, investment property advice or just curious about what’s happening this very moment in the Four Heatons property market, then just pop into my office, alternatively call or e-mail me. I look forward to hearing from you and having a chat.
JORDANA MCVARNOCK – CO-AUTHOR
I am fascinated by how vibrant our local lettings market is in The Heatons. If you have any questions about letting, current rental returns and yields, tax or legal changes for landlords or anything else BTL related I would love to have a chat. So please pop into the office, call or e-mail: