Category: property market news

£750 MILLION LESS IN RESIDENTIAL SDLT

At £8.32 billion, Treasury coffers netted £750 million less in residential SDLT (Stamp Duty Land Tax) receipts across England in the financial year to the end of April, compared to 2017/18. This is despite just 16,000 fewer transactions taking place.

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HOW DO YOU SAY?

The top 10 most mispronounced place names in the UK have been revealed by the creators of language app Babbel.

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What are the top things that will devalue your home?

One of the key things we focus on when we own a home is how to add value to the property and make it more sell-able for the future. However, a question which will also help you to achieve your property’s best potential is what are the top things that will devalue your home? Here are some of the key factors that National Association of Estate Agency (NAEA) members have experienced as having a negative impact on property value.

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COFFEE CULTURE

Tuesday 1st October marks International Coffee Day. Across the UK, 95 million cups of the world’s most popular drink (except for water) are consumed daily, whether at home or in one of over 25,000 coffee outlets across the country.

From instant to ground, lattes, to cappuccinos, flat whites to expressos, £10.1 billion was spent in coffee outlets across the UK in 2018, the equivalent of 43,402 average-priced UK homes.

Consumption of coffee in the UK varies by age, with those aged 53 years plus boasting the highest levels of consumption at 2.2 cups per day. Although under 20-year-olds currently drink on average just 0.5 cups, the fastest growing demographic for coffee consumption is those aged 13–18 years.

The number of coffee outlets is anticipated to overtake the number of pubs in the UK by 2030. Up and coming key coffee trends include super-food coffee, cold brew and nitro coffee and WiFi-enabled coffee makers.

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oktoberfest at the albert club

The Albert Clubs 3rd annual Oktoberfest event is here!

A day of German beer, food, music and merriment at The Albert Club. Like previous years, the day will be split over two sessions…

From 1pm til 7.30pm there’ll be an outside marquee and bar on the terrace serving a range of German and Bavarian beers, a German-style BBQ and live music in the afternoon. The afternoon session is FREE and no ticket is required.

Then, in the evening, get your lederhosen on and be ready to party with a live brass oompah band. This part of the event is ADVANCE TICKET ONLY and afternoon guests/those without tickets will be required to vacate the clubhouse by 7.30pm. The outdoor bar will close at 10pm so those without tickets can use this bar and stay until 10.30pm

Tickets are available from the bar or via this link (small booking fee for online tickets). https://www.wegottickets.com/sct/fjQMkcSXk6?fbclid=IwAR1uLA1CeqcSoLtsT2Z910C9_TlCn2Yu_YbHTKUzoj1rzDU3oCgBzPvcO8Q

Members £7.50
Non-Members £10.00

All tickets include a free drink before 8.30pm and guarantee entry to the clubhouse for the evening entertainment.

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didsbury dog show

On 21st September, at the Didsbury Park Pavillion in Didsbury Park, The Friends of Didsbury Park and the Altrincham and District Dog Training Society present the 3rd annual Didsbury dog show.

There are team games for humans and canines, such as a spoon and potato race, football dribbling, and have-a-go-agility, plus competitions for the most handsome dog and the waggiest tail (dogs only for that one!).

Between 14:00 and 16:00, its a free event with refreshments and stalls. https://secure.manchester.gov.uk/events/event/5023/didsbury_dog_show

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A basic guide to decorating

Flick through the pages of any magazine these days or scroll through the popular Pinterest app and you’re likely to see endless images of chic properties with timeless décor. For those of us that are blessed to be able to colour-match and accessorise effortlessly, this is an entirely attainable vision; however, for the rest of us who are a little more challenged in the decorating department, it can be tough to know where to start. Read through our basic guide to decorating and we will provide you with some guidelines which are sure to help you turn your home in to a real page-turner.

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STUDENT DIGS

As the new term begins, vast numbers of students up and down the country will be starting to move into their new homes.

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PROPERTY VIEWING TURN-OFFS

Cracks, marks and stains leave the biggest negative impression on prospective buyers during a viewing, with a 76% turn-off rate. This is according to Sell House Fast who surveyed 1,266 people who have been to several viewings over the last year.

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FLYING THE NEST

Leaving home is often considered one of the biggest steps into adulthood, however, according to new research by the Office for National Statistics, young people are living at home for longer.

Twenty years ago, just one quarter of those aged 18-34 in the UK still lived at home with their parents. Latest data indicates that figure is now almost one third, equivalent to just over 4.7 million people.

There is also a significant difference according to gender: while just one quarter of females remain at home with their parents, the figure is 37% for men.

Access to higher education, affordability of housing, and the ability to save money are just some reasons for staying put. The average age of a first-time buyer across England is now 34 up from 26 in 1997, while the average total income of purchasers has more than doubled from £18,080 to £41,839 over the same period (UK Finance).

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