Property Market News

The Future of the Leicester Buy-To-Let Market in 2022

The headlines … Leicester rents up by 7.0% in the last 12 months Leicester house prices up 12.2% in the last 12 months Leicester landlords helped by ultra-low mortgage rates and a stamp duty holiday Yet, some landlords in Leicester anxious about a possible end to no fault evictions New EPC rules could cost Leicester...

My 11 Rules to Buying a Leicester Property

Finding your next Leicester property, be that for yourself to live in or as a Leicester buy-to-let landlord, can sometimes be a scary task. You are possibly making one of the biggest purchases of your life, and you want to ensure you make the right choice. Buying your next property is all about finding a...

The 7 Things Leicester Home Sellers Should (and Shouldn’t) Do in 2022

Did you know 19,510 Leicester homeowners are considering selling their Leicester home between now and the summer of 2023? Reports in the press suggest 1 in 5 homeowners are considering moving home in the next 18 months. This will change the dynamics of selling your home in Leicester, meaning there are certain matters that you,...

What Will Happen to Leicester House Prices in 2022?

Traditionally, if you had not sold your Leicester home by the first week in November, you would normally have to wait for the house sellers to return in the famous Boxing Day rush on the portals (Rightmove, Zoopla etc) to get potential buyers interested. Yet matters have been different this year as the various lockdowns...

Leicester People’s Addiction to their Spare Bedrooms?

The Housing Minister, Chris Pincher, has suggested older homeowners are “rattling around” in their homes as they are too big for them. He implied they are selfish and should sell up and move to a retirement home when he spoke to a committee in the House of Lords. He stated that many British homes are...

Should Leicester Landlords Be Worried About These New Rental Regulations?

Everyone should be doing their bit to help reduce the UK’s carbon footprint on the globe – yet the question is, is that burden being put too much on the shoulders of Leicester landlords with potential bills of £7,600+ in the next four years? The background - the UK has obligated itself to a legally...

With Leicester Tenants Deposits Totalling £36,493,625, how will ‘Lifetime Deposits’ Change the Leicester Rental Market?

The Government’s scheduled publication of their White Paper for the Renter's Reform Bill, which incorporates proposals to forbid Section 21 evictions and introduce ‘Lifetime Deposits’, has been suspended until 2022. The additional time is required to give a chance to create a level playing field to reforms for both landlords and tenants in the private...

Leicester House Prices – The Effect of Rising Inflation

House prices tend to rise with inflation, so with 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 Leicester homeowners. The year-on-year cost of living rose by 4.2% in October, its highest rate in almost a decade. This jump in prices...

Is the Leicester Property Market Running Out of Steam?

In recent articles on the Leicester property market, I have been talking a lot about house prices over the last 12 months and 5 years in Leicester. When it comes to newspapers talking about the property market, the headline most people look at is what is happening to house prices. However, as 2 in 3...

Would You Re-mortgage Your Leicester Home to Help Your Child Onto the Property Ladder?

How far would you go to help your child get on in the world? Many Leicester parents move area to ensure their child gets into the best primary school or fund their university costs. Many of you reading this have even helped your children with the deposit for their first home from savings. However, I...

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