Property Market News
Rise in Nil-Deposit Applications as Cost of Living Soars
You don't have to look far at the moment to see that the cost of living has been increasing sharply across the board, and with the Bank of England making an 11th consecutive base rate increase earlier today it doesn't look like people's daily expenditure will be calming down for [...]
How To Rent Guide: New Update for 17th March
Landlords should be aware that the Government Issued How to Rent Guide has been updated and a new edition will be available from tomorrow, the 17th of March 2023. This is a vitally important document that has to be issued by the landlord or letting agency on the tenant moving [...]
Yield Versus Capital Growth
It seems a relatively simply question, when buying an investment, should I be aiming for a high yield or good capital growth? In real terms it is a much tougher question to answer, and it is something I will discuss with landlords on an almost daily basis, because the real [...]
Manchester Ranked Number One Buy to Let Prospect
Surprising nobody from the area, but perhaps catching a few people from outside of the North West unawares, Manchester has been ranked the number one Buy-to-let prospect by Simply Business. Taking into account criteria such as the average total rent, yield, house price growth, vacancies and the percentage of the [...]
TDS Issue EPC Guidance for Buy to Let Landlords
Under current Government proposals the legislation surrounding minimum EPC ratings is set to change in 2025. Currently the minimum rating for any tenanted property is an "E", however this is set to increase to a "C". We are already having conversations with a number of buy-to-let investors who are taking [...]
Are You Maximizing Your Rent Returns?
Well it has been a busy old start to 2023, with a huge number of tenants registering their interest over the Christmas period and a good level of rental properties hitting the market. Over the weekend we had seven open houses on our rentals, four of which were properties we [...]
3,631 DIDSBURY TERRACED HOUSES. WHY ARE THEY SO POPULAR?
The terraced house is one of the most familiar styles of home in Didsbury (and the UK as a whole). 17.6% of Didsbury (M20) people live in a terraced home, interesting when compared with the national average of 22.7%. So, what is it about the humble terraced/townhouse us Brits love so [...]
Didsbury Rental Homes
There has been a rise in demand for rental properties and an 8.9% fall in the number of Didsbury private rented properties, which has caused Didsbury rents to rise by 10.6% in the last year, a new all-time high. The National Residential Landlords Association asked the respected economics think tank, [...]
OUR 11 RULES TO BUYING A DIDSBURY PROPERTY
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 [...]
WHAT WILL HAPPEN TO DIDSBURY HOUSE PRICES IN 2022?
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 [...]
HAS BUY-TO-LET CHANGED THE DIDSBURY PROPERTY MARKET?
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 [...]
DIDSBURY HOMEOWNERS TO BE MADE HOMELESS?
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 [...]
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ABOUT THE BLOG
This blog follows the property and buy to let market in Didsbury. You’ll find insight, commentary and analysis that relates specifically to Didsbury, along with the latest investment deals from all agents in the area.
BEN FOSTER – CO-AUTHOR
I have a wealth of property experience around South Manchester and I am really passionate about Didsbury. If you have any property related matters, whether buying, selling or just curious about whats happening at this very moment in M20 and you are around the village just pop into my office, alternatively call or e-mail me:
0161 434 4311
benfoster@julianwadden.co.uk
MARK DIAMOND – CO-AUTHOR
I have a strong passion for property, in particular the Lettings market. If you a question about lettings, potential rental returns and yields, and legal changes for landlords or anything else buy to let please get in touch.
0161 249 5160
markdiamond@julianwadden.co.uk