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Leicester Property Market News

Leicester’s ‘Generation Stuck’ and Their £14bn Tied-up Equity

The predicament of the Leicester 20 to 30 year olds who rent and their inability to get onto the housing ladder is often discussed in the press. There are 4.43m properties in the UK that are still in the private rented sector (compared to 2.13m in 2002). This group of people in their 20s and...

Will the Cost-of-Living Crisis Mark the End of the Booming Leicester Property Market?

Leicester property prices have increased by 21.7% over the last two years. Leicester house prices have risen on the back of several things, including changes in how people see their homes and how they live and work (i.e., working from home), a lack of properties on the market and government tax incentives (the stamp duty...

Leicester’s Millennials to Inherit £283,705 Each From Their Baby Boomer Parents

The total value of homes owned by Baby Boomers in Leicester alone is £14,828,389,740 – and two-thirds of the Leicester Millennials are set to inherit all that in the next few decades! Could this be the answer to the housing crisis? Could Leicester Millennials live it up for the next few decades, safe in the...

Leicester Property Prices Have Risen by 432% Since 1995

Those that know me will know that I am actively involved with Aylestone Park Football Club, we print and design their match day programme throughout the season and recently I joined the board as a trustee. Whilst I was at the club recently I got asked “What is happening to the Leicester property market?" I...

Leicester Starter Homes are 35.4% Cheaper Today Than in 1989

Even though the average value of a Leicester first-time buyer property has risen by 293.6% since 1989 to £206,810, the monthly payments Leicester first-time buyers must make on their mortgages as a proportion of their take-home pay is 35.4% less today compared to 1989. Today, according to the Nationwide Building Society … the average Leicester...

73.5% of Leicester Properties Were Bought With a Mortgage in the Last Ten Years

Could the high levels of mortgages that Leicester people take out cause another property crash? Many Leicester homeowners and landlords have been contacting me recently and asking what will happen to the Leicester (and the UK) property market? More specifically, will we have a repeat of the 2008/9 Credit Crunch property crash? High mortgage payments...

Leicester Community News

Avenue Primary School – Your local Clarendon Park School

Avenue Primary School – Your local Clarendon Park School   We recently visited Avenue Primary School and got a chance to meet with the head teacher Mrs Kandola to gain an insight into what it is like being a school head teacher, as well as being involved in the local community and also what is…

Fantastic Local Clarendon Park Independent Business

Christopher James Deli – Fantastic Local Clarendon Park Independent Business   We recently visited Simon Fairey, the owner of Christopher James Deli on Queens Road in Clarendon Park to gain an insight into what it is like to be a local business owner and involved in the Clarendon Park community.  

Loros Twilight Walk April 2018

Loros Twilight Walk April 2018 We are proud to be supporting Loros in their annual Twilight Walk on Saturday 14th April 2018 We are joined by Laura from Loros to find out more about the Biggest Girls Night Out In Leicester  

What is it like to Live & Work in Oadby?

Oadby Town Centre – Chestnuts Coffee Shop   We recently visited Chestnuts Coffee Shop to find out more about the local Oadby business and why Oadby is such a popular town for people to move to and be a part of the local community.  

Buy to let deal of the week

Francis Street, Stoneygate – Buy to Let Deal of the Week

Stoneygate Buy to Let Deal of the Week

Top 20 Streets

No. 8 Coverdale Road – Top 20 Streets in Wigston

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No. 9 – Top 20 Streets in Wigston – Bilsdale Road

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No. 8 – Top 20 Streets in Oadby – The Spinney

No. 9 – Top 20 Streets in Oadby – The Fairway

No. 10 – Top 20 Streets in Oadby – Quickthorns

No. 11 – Top 20 Streets in Oadby – The Avenue

First Time Buyer

First Time Buyer? 4 Easy Ways to Improve Your Credit Score

When you take out your first mortgage, as with any financial product, you’ll have to go through a credit check. It’s normal to feel apprehensive about this process, as let’s face it, few of us have perfect credit. That’s why it’s worth trying to improve your credit score, if possible, in the months before you...

7 Steps to Becoming a Residential landlord in Leicester

There are a number of reasons people become residential landlords. Often, it’s because someone wants to do more with their savings and sees property as a sound investment with a regular income. It might also be that a person becomes an accidental landlord after inheriting a property or moving into a house with a partner....

7 Easy Ways to Save a Deposit For Your First Home in Leicester

Lots of people dream of no longer living with their parents or throwing money at their landlord every month and instead buying their own home in Leicester. However, one of the things that often stands in the way of first time buyers is raising a deposit. The average house price in the UK is just...

Jargon Free Advice for First-Time Buyers in Leicester

Do you remember when you rode a bike without support for the first time? Or when you learned to swim? And who can forget the moment when the driving examiner turns and says ‘congratulations, you’ve passed.’ You also never forget your first love or the first home you buy. That’s why at Leicester Property Blog...

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