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Leeds Property Market Update: February 2023

With the Bank of England raising interest rates and inflation high, what is happening in the Leeds property market? What types of properties are selling in Leeds? What is happening to house prices in Leeds?

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Leeds Baby Boomers and their 10,980 Spare ‘Spare’ Bedrooms

Britain has over 8 million households with 2 or more spare bedrooms, most owned by Baby Boomers. Should the Government force them out or should the Government mind their own business?The data from the 2021 Census has just been released for Leeds and it makes interesting reading about the number of spare ‘spare’ bedrooms in our area.

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Thatcher’s Dream Smashed as Homeownership in Leeds Drops

In her first conference speech as the Tory's new leader in 1975, Margaret Thatcher asserted her conviction in a ‘property-owning democracy’. Throughout the 1980s homeownership exploded and continued to grow for several decades thereafter. What has happened to that dream nearly 50 years later?

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Leeds Property Market Holding Up Despite Doom and Gloom in the Newspapers

The Leeds housing market over the last three months is now becoming more ‘normal’ after the last couple of years of insane demand!

Even with the blackening economic doom-mongers forecasting a harsh slowdown in the British property market, the number of people buying and selling their Leeds homes is still very good for the time year.

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84% More Leeds Homes are on the Market Today Than a Year Ago

The Leeds property market has changed in the last 12 months, with more Leeds properties coming onto the market. This has given greater choice to Leeds home buyers and buy-to-let landlords.

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What Will Happen to the Leeds Property Market in 2023?

What will happen to the value of your Leeds property over the next 12 months, and what is a more important barometer by which we should judge the Leeds property market.

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Could the humble ‘granny annexe’ help solve the Leeds housing crisis for mature homeowners?

With more larger Leeds properties coming up for sale in the last few months, yet so few bungalows to buy, could the humble ‘granny annexe’ help solve the Leeds housing crisis for mature homeowners?

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Falling Leeds House Prices - The Winners & Losers

What is happening to Leeds house prices? Well, the prices that were being achieved earlier this year aren’t being met now. And that is a good thing for most Leeds people. Of course, there are winners and losers, but not who you think!

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Leeds tenants face further rent hikes, as the number of available rental homes drops by 31%

Leeds tenants in 2023 face further rent hikes, as the number of available rental homes has dropped to an 18 year low. Many ‘accidental’ landlords have cashed in on the post lockdown Leeds property boom of the last two years and sold their properties to Leeds owner-occupiers - not fellow landlords.

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