Has there ever been a better time for Didsbury home sellers? The Didsbury property market, for people looking to sell, is at its sturdiest for at least the last five years with home buyers jumping on to the Didsbury property ladder with abandon. Didsbury house prices are anticipated to rise throughout [...]
The Chancellor Rishi Sunak announced two initiatives to keep the Didsbury property market firing on all cylinders into 2021. Firstly, the £500,000 zero-rate Stamp Duty band has been extended to the 30th June 2021. After then it will phase down to £250,000 for an additional three months, returning to the [...]
The Chancellor of the Exchequer, Rishi Sunak, has stated the Stamp Duty Holiday forDidsbury properties up to £500,000 will be extended from 31st March 2021 to the 30th June 2021; and to ensure we don’t have a cliff edge, from 1st July 2021, the Stamp Duty Holiday will apply only on properties [...]
In Britain, there are 27,071,500 households, of which 17,044,450 are owned, and are worth a total of £3,925,865,212,950 (£3.92 trillion). Over the last 5 years, an average of 86,096 properties sell each month, meaning just over a million UK households move home per year. Therefore, the average British homeowner moves [...]
With most Didsbury families home schooling their children in lockdown and the forthcoming Stamp Duty Holiday deadline on the 31st March 2021, less Didsbury properties have been coming onto the Didsbury property market since the new year. This has prompted a 12% drop in the supply of Didsbury homes for sale compared [...]
Are you a Landlord currently receiving rental income? What steps have you taken to protect your investment should your tenant lose their job? What would you do in the current pandemic if tenants cannot be evicted? Courts are closed and when they reopen there will be a high level and [...]
...and the three reasons why it will not be the catastrophic scenario some are predicting. In the last few months, the Didsbury (and UK) property market has resisted and flouted every economist’s prediction. With the economy a shadow of its former self, unemployment set to hit 11.9%, the Government on track [...]
Looking back at the Didsbury property market for 2020, it can certainly be seen as a frenetic game of two halves, albeit with a very long half time in the spring. Between the General Election in mid-December and Christmas, many Didsbury agents saw an unusually higher uplift in activity in [...]
Didsbury homebuyers and Didsbury landlords purchasing residential property have saved £239,030 since the Chancellor reduced stamp duty on 8th July 2020, yet many more Didsbury homebuyers could miss out. My analysis of properties sold in Didsbury from the Land Registry between the introduction of the stamp duty holiday on 8th [...]
What have we learned in the first month? From talking to most of the Didsbury estate and letting agents and our own findings, it might surprise many of you that new enquiries from homebuyers, tenants, landlords and home sellers have been at record levels since lockdown was lifted from the property [...]
