Property Market News

Navigating the property landscape, particularly in a city like Leicester, requires more than just a reactive approach to the daily newspaper and social media headlines.  As homeowners and potential investors are continuously bombarded with alarming whispers of plummeting house prices, coupled with rising interest rates and the heartache of negative equity, there’s a tangible atmosphere…

Stepping into the world of the property market is akin to stepping into a rhythm. The beats of buying and selling, supply and demand form the underlying tempo.  Leicester, a city rich in history and character, is no exception. As we venture into the last quarter of 2023, it’s crucial to understand the current property…

In an age of soundbites and sensationalism, the UK property market—particularly here in Leicester—often finds itself misconstrued by general narratives.  While we cannot ignore the challenges of increasing mortgage rates and shifting buyer preferences, it is vital to appreciate the broader context to understand what's happening in the Leicester property landscape. The UK housing market...

In the realm of the property, a fresh perspective can often unveil hidden insights. I would like to introduce a distinctive approach to mapping house prices with a heat map that colour-codes Leicester property values by £ per square foot. The map shown vividly illustrates the varying values across different pockets of the city. This...

Embarking on your first home purchase in Leicester is a significant step in most people’s lives, but it can bring feelings of uncertainty and apprehension.  As a seasoned estate agent in Leicester, I’m here to help you overcome common fears and provide expert strategies to make your experience smoother. Facing First-Time Jitters For first-time buyers…

The city of Leicester has witnessed a profound transformation in its housing landscape over the last few years and the surge in private renting has led to significant debates about the morality of the buy-to-let market.  Let us look at the current statistics compared to 40 years ago to show the seismic shift. Looking at...

Is Selling Your Leicester Home Possible Without an Estate Agent? When it comes to selling your Leicester property, you could consider the option of bypassing the services of a conventional estate agent.  However, it’s essential to carefully assess the advantages and drawbacks before deciding.  Selling a property can be complex and time-consuming, especially if you…

A Leicester landlord remarked to me the other day that he felt that there were more 'posher' up-market properties coming up for rent in the last six months compared to a couple of years ago. I stated that this was the case, and it wasn't all down to the recent rental growth – it was...

Call me old-fashioned and nostalgic, but I am fond of terraced houses.  I've conducted some research that my fellow readers of the Leicester Property Market Blog will find intriguing! Architecturally speaking, the terraced or townhouse has been prevalent in the UK since the late 1600s. It involves a row of symmetrical houses that share side...

The Leicester property market experienced a boom between the summer of 2020 and late summer of 2022, fuelled mainly by pandemic-induced trends such as the stamp duty stimulus, low mortgage rates, the race for space, and the rise of remote working.  2023 has presented a different story for the Leicester housing market, with cooling demand,...