Analysis of Trends in UK Property Ownership (1918-2023)
The UK property market has seen significant changes over the last century, with distinct trends emerging in the areas of owner-occupied properties, social renting, and private renting. In 1918, the UK property landscape was dominated by private renters, who made up 75% of all households. At the time, only 25% of the population owned their […]
Leicester Property Market: Where are the Cash Buyers?
The UK property market has undergone significant shifts since the summer of 2020, driven primarily by the post lockdown race between the summer of 2020 and late 2021, and then a rapid series of interest rate hikes aimed at curbing inflation in 2022 and 2023. These changes have had far-reaching implications across the property market, […]
Shocking Truth: Every UK Home Could Fit Inside the M25
Imagine this—if every single floor of every single home in the UK was laid out, one next to the other, they would all fit snugly within the confines of the M25 motorway. Yes, you read that right! The total floor area of all UK homes is about 891 square miles, and the M25, the infamous […]
VAT on School Fees: Will It Push House Prices Up?
The new government has confirmed that VAT will be added to private school fees very soon. In this article, we look at what this might mean for house prices in areas with good state schools, and for house buyers and sellers there. What’s happening? In their election manifesto, Labour said they would add Value Added […]
Has Section 21 Been Banned?
Over the last few months, there have been lots of scare stories in the popular media claiming that Section 21 no-fault evictions will soon be banned – and that landlords will not be able to evict their tenants if they need to. In this article, we put the story straight and consider the current state […]
24,730 Leicester Landlords to be Hit by New Eco Rules in 2030
The rental property market is on the brink of a significant shift, one that will undoubtedly cause concern among landlords across the UK. The new Labour government has made clear its intention to raise the minimum energy performance standards for rental properties, a move that could have far-reaching implications for both landlords and tenants alike. […]
Are Our Leicester Homes Fit for Our Families? – Insights for Leicester Homeowners and Landlords
Leicester has become an attractive destination for both families to buy and rent and is known for its rich heritage and strategic location. In this article, I will delve into the current housing situation of family homes in Leicester, compare them with national averages, and then explore opportunities for home buyers and landlords. My goal […]
Exploring Leicester 3 Person Households: A Demographic Insight
This month’s ONS Heat map provides an intriguing look at the distribution of three-person households across Leicester.The darker shades of blue on the map indicate areas with a higher percentage of three-person households, while the lighter shades towards green show areas with a lower percentage. This visualisation offers a snapshot of where three-person households are […]
Leicester Property Market 2024: A Strategic Guide for Buyers and Sellers
Are you a Leicester homeowner? Are you thinking of moving home in the next six to twelve months? Whether you’re aiming to buy your dream Leicester home or sell a beloved property, grasping the current market dynamics is crucial. You might be a Leicester buy-to-let landlord, possibly looking at selling or buying another property to […]
How Long Does It Take to Sell a House Around the UK?
Understanding the average time it takes to sell a property in different regions can help you plan your move more effectively. Here’s a quick overview of the average length of time from putting your home on the market to agreeing a sale (Sold STC) across various UK regions: As a local Leicester estate agent, I understand […]
