There have been numerous reports out this week showing that first time buyers have seen a steep rise in property prices. Rightmove have stated that the average asking price for a first time buyer property (with 2 or less bedrooms) has risen by 3% during September. In contrast to this figure, the annual verage price growth across all property types … Read more
We’re comfortable talking about first time
buyers, a journey given much scrutiny and much measurement, but we are much less likely to talk about those moving for the first time.
According to Countrywide’s Monthly Lettings Index for May, the average cost of renting a one-bedroom home in Great Britain accounts for 48% of the post-tax income of an average young full-time worker. This compares to 45% in 2007. Rents have increased 27% since 2007 outpacing a 16% growth in incomes.
It has emerged in recent weeks that the government could soon look to ban ‘Gazumping’. A fundamental move which will prevent millions of house sales falling through each year, and avoiding the disappointment faced by buyers.
Manchester city centre has changed beyond recognition over the last decade. The city has seen an explosion in the number of high rise developments being built, the most well-known being Beetham Tower.
We have a selection of homes for all types of buyers in our February round up of properties of the month.