Nationally, the average length of time it takes from agreeing the sale of a property to the keys being handed over is 111 days (down from 117 days last year), yet in Didsbury, we are above the national average at 120 days. So why does it take just over 17 [...]
The average house price in Didsbury has increased by 311.6% to £425,800 in the last 20 years, a profit of £322,340 That means, when adjusted for inflation in those two decades, Didsbury house prices have risen in real terms by 239.5% What does this mean for existing Didsbury homeowners and [...]
Finding your next Didsbury property, be that for yourself to live in or as a Didsbury 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 [...]
As we all finally start to get over our Christmas hangovers one of the biggest questions we are being asked on the lettings side is simply, is now a good time to find a tenant? A lot of landlords are worried that with the dread Covid still hanging over us, [...]
Traditionally, if you had not sold your Didsbury 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 [...]
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 [...]
How far would you go to help your child get on in the world? Many Didsbury 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 [...]
The ‘Buy-To-Let’ (BTL) mortgage is celebrating its Silver Anniversary (25 years) this autumn. Isn’t it fascinating that a decision between a group of letting agents and bankers all that time ago to offer BTL mortgages has changed the face of the Didsbury (and national) property market? But has it been [...]
The number of properties for sale in Didsbury has fallen by 19% since this time a year ago (October 2020). One of the reasons is that many Didsbury buyers feel overwhelmed and fearful they will be made homeless if they sell their home and can’t buy another. So, I have [...]
Today Tom and I went out to Northenden, an area only a few minutes from the heart of Didsbury, where the sales prices have not risen to the same heights as the central M20 postcodes, and where the rents mean a 5% return can be expected in most cases. With [...]
