Sellers are beginning to offer bigger discounts to buyers to get their sales agreed, but we’re not seeing the need for a big double digit reset in UK house prices. Key takeaways Buyer demand falls to pre-Christmas levels earlier than normal The average seller is accepting offers at 3% below the asking price lately to […]
Monthly Archives: December 2022
Stamp duty is the money you pay to the taxman when you buy property or land in the UK worth over a certain value. As part of their September mini-budget, Lizz Truss’ short-lived government made cuts to stamp duty to make purchasing property more affordable. However, as part of the next government’s autumn budget, chancellor Jeremy Hunt […]
Philip James were the best performing lettings agent in Manchester again between from 1st July 2022 to 30th September 2022. Out of the 3473 properties that were let in Manchester during that 3 month period, our team let 11% of them; We were 70 properties ahead of our nearest competitor. Click here to view the […]
When you purchase a buy-to-let investment property through Philip James you gain access to some of Manchester’s best performing, and exclusive properties before they go on the market. Our Investments Manager, Neil, gives a rundown of the best three Investment Properties in Manchester this month, and this is just an example of the types of […]
Changing Times The rental market across the country is vastly different than it was 5 years ago. Nowhere is this more apparent than in Greater Manchester. Post-covid, there has been a significant imbalance between available rental stock and demand leading to a spike in prices. The reasons for this are varied, but it has understandably […]
In 2021, one of the student properties that we manage was listed for sale at £420,000. However, the landlord couldn’t sell it as it didn’t have Article 4 planning permission which can be achieved by proving that the property was a HMO which had been let for a minimum of 10 years. When a property […]