SEARCH FOR PROPERTIES NOW...
Student
Professional
Latest News
What’s the Difference Between a Flat and an Apartment in Leeds?
- "An apartment is over £100 grand and a flat under £100k", said my friend.
- Joking aside, there is no difference, call it what you will, the humble apartment/flat has served Leeds well over the years.
- The average sale price of an apartment in Leeds in 2021 was £177,307, making it an excellent first-time buyer purchase and buy-to-let investment.
- In this article, I want to look at the apartment/flat in Leeds and how it could solve the county’s housing crisis.
‘Generation Stuck’ in Leeds and Their £12bn Tied-up Equity
Many of Leeds' mature homeowners are stuck in their oversized homes. Their children flew the nest years ago, yet they are unable to find suitable Leeds properties to move to. Leeds' Generation Stuck are holding back those younger Leeds' Generation Renters move into the larger homes they need. What is the answer to this problem?
Why Aren’t Liz and Rishi Courting Leeds’s Generation Rent?
With the Tory leadership ballot nearly finished, both candidates have hardly mentioned the housing issues of Generation Rent, the 20 and 30 somethings in Britain. What will this mean for those in rented accommodation in Leeds and their landlords?
Will the Cost-of-Living Crisis Mark the End of the Booming Leeds Property Market?
Will the cost-of-living crisis mark the end of the booming Leeds property market? And what effect wiil rising food, gas and electric prices have on the Leeds property market and Leeds house prices?
Leeds’s Millennials to Inherit £178,487 Each From Their Baby Boomer Parents
The total value of homes owned by Baby Boomers in Leeds alone is £12,141,766,171 – and two-thirds of the Leeds Millennials are set to inherit all that in the next few decades! Could this be the answer to the housing crisis?
Leeds Property Prices Have Risen by 380% Since 1995
Is it a seller’s or buyer’s Leeds property market? In this article, I discuss this and how things are beginning to change in Leeds. Also, that there are in fact many Leeds property markets and how savvy home buyers can spot bargains by following certain trends.
Leeds Starter Homes are 49.1% Cheaper Today Than in 1989
Even though house prices have more than tripled in the Country (quadrupled in London), it is still cheaper today to buy a house as a first-time buyer than in 1989 or 2007. This is good news as the Bank of England are changing the rules for mortgage affordability for first time buyers in August. This means more Leeds people will be able to jump on the Leeds property ladder. If you are a Leeds homeowner, potential Leeds first time buyer or even a Leeds landlord, read this article to find out how the rule changes might affect you.
73.5% of Leeds Properties Were Bought With a Mortgage in the Last Ten Years
With Leeds homeowner’s mortgages at an all-time high, could the record levels of mortgages that Leeds people take out cause another property crash like they did in 2008/9?
24.2% of Leeds Property Sellers Reduce Their Asking Prices as the Property Market Starts to Return to Equilibrium
- 718 of the 2,973 properties on the market in the Leeds area have had a price reduction in the last 3 months
- The average reduction has been 5.3% of the original asking price
- This is great news for Leeds homebuyers and Buy-to-Let landlords, and strangely Leeds sellers as well
The Shifting Leeds Property Market
- The Leeds property market is on the verge of a ‘tipping point’.
- The rate of house price growth has started to ease with a reduction in the number of properties that will sell in Leeds in the coming 12 to 18 months.
- Yet, rising interest rates and the cost-of-living issues won't knock everybody out of the property market and there shouldn't be a housing bubble for two vital reasons.
