Manchester Property News

Housing market becoming more affordable for buyers as wages rise

Housing market becoming more affordable for buyers as wages rise

Posted on December 12th 2018

The housing market is becoming proportionally more affordable for buyers as wage growth and employment rates rise.

Average weekly wages rose to £495 – up 3.3% in the three months to October – standing at the highest level for seven years. Meanwhile, […]

LPC Living Shortlisted for a Prestigious Award in the Insider North West Residential Property Awards 2019

Posted on November 27th 2018

LPC Living is delighted with today’s announcement that The Oaks, the company’s recently completed development in Gatley, has been shortlisted as Small Housing Development of the Year in the Insider North West Residential Property Awards.

The development comprises 26 three and four-bedroom homes, the result of a long research, design and planning process where LPC Living revisited what people actually […]

Manchester property market growth highest in the UK in five of the last six years

Manchester property market growth highest in the UK in five of the last six years

Posted on November 19th 2018

House prices in Manchester have consistently out-grown the rest of the UK over the last six years, topping the growth chart in five of those years according to data from Cushman & Wakefield.

The most significant growth gap occurred last year where local house price growth topped 11%, more than double the UK average over the period. Meanwhile, […]

Manchester House Prices

House prices in North West to rise fastest in the UK over the next five years

Posted on November 13th 2018

House prices in the North West are set to rise at the fastest rate over the next five years according to a new report.

Published by Savills, the north-south property markets are expected to flip with high growth in the north and stunted performance in and around the capital. […]

house prices growing faster than wages

House prices are growing at twice the rate of wage inflation in a quarter of UK cities

Posted on November 9th 2018

House prices in eight of the UK’s biggest cities are now increasing twice as fast as wages according to new data.

The figures, released by property data company Hometrack, found that average house prices across Liverpool, Birmingham, Leicester, Manchester and Glasgow are growing at up to […]

North West cities

North West cities amongst the most improved in the UK

Posted on November 7th 2018

Cities in the North West including Manchester and Liverpool are amongst the most-improved in the UK for the second year running according to a new report.

The Demos-PwC Good Growth for Cities 2018 index named Preston as the most improved city, whilst Liverpool and Manchester also made the top 10. The […]

asking rents

Asking rents reach record high as available property numbers decline

Posted on October 31st 2018

A drop in the number of available rental properties on the market has pushed average asking rents to their highest ever levels.

Outside of London, average asking rents now stand above £800 for the first time as the number of available units fell by 8.7% compared to […]

property announcements in Autumn budget statement

Autumn Budget: Property announcements including stamp duty abolished for first-time buyers purchasing through shared-ownership

Posted on October 30th 2018

Chancellor Philip Hammond has just delivered his Autumn Budget, and after making headline-grabbing property changes at the same time last year, what noteworthy announcements were made this time around?

Just 12 months after announcing the cutting of Stamp Duty for many first-time buyers, here are the key announcements in this year’s Autumn Budget: Stamp […]

first-time buyers

First-time buyers now account for half of all new mortgages

Posted on October 25th 2018

The number of first-time buyers increased again in the first half of 2018, with 175,500 people taking their first steps on the property ladder. As a result, over half of new mortgages agreed are with first-time buyers.

Despite the news surrounding the difficulties prospective new homeowners are finding getting onto the property ladder, the latest statistics, released by Halifax, indicate that in […]