Farrell Heyworth Blog

Property Sellers & Buyers

UK House Price Index: December 2024 – Insights for the North West

Key National Statistics Annual UK house price inflation: +1.9% Gap between asking and achieved sale price: 3.6% Projected price inflation…

January 17, 2025
Property Sellers & Buyers

The Hidden Expenses of Moving House: What You May Not Consider

Legal and Administrative Costs Stamp Duty: Depending on your property's value, stamp duty can be a significant expense. Many buyers…

January 17, 2025
Landlords & Tenants

Renters' Rights Bill Advances to Report Stage

Key Provisions of the Renters' Rights Bill The Renters' Rights Bill seeks to address several long-standing issues in the private…

January 10, 2025
Home & Beyond

What Does the Latest Energy Price Cap Mean?

How Does the Price Cap Affect Your Bills? The price cap affects households differently depending on their energy consumption and…

January 10, 2025
Property Buyers

Should I Buy My First Home in 2025?

Current Market Trends The UK housing market has been on a rollercoaster recently, but as of late 2024, there are…

December 27, 2024
Property Sellers

Conveyancing Explained: Key Steps in Selling Property

Our latest blog looks into the critical steps of conveyancing, from drafting contracts to finalising the sale, and highlights the…

December 27, 2024
Property Sellers

How Estate Agents Value Your Home

Location Matters Your property's location is one of its most significant value determinants. Estate agents analyse several location-specific aspects, including:…

December 20, 2024
Landlords

In-Demand Rental Markets in the North West

According to recent data, some areas in Great Britain are experiencing up to three times the national average of 19…

December 20, 2024
Property Buyers

Understanding Stamp Duty Land Tax (SDLT): Why Buying Now Could Save You Thousands

Current SDLT Rates (2024) No SDLT is payable on properties up to £250,000 for standard property purchases. For properties between…

December 13, 2024
Property Sellers & Buyers

UK House Prices See Fastest Annual Rise in Two Years

Factors Behind the Growth The housing market's growth is attributed to several factors: 1. Wage Growth and Strong Labour Market…

December 13, 2024
Property Sellers & Buyers

UK Housing Market Update: Insights from Rightmove's November 2024 Report

Current Market Dynamics The average asking price of properties listed in November 2024 fell by 1.4% (£5,366) to £366,592. This…

December 06, 2024
Home & Beyond

Regeneration of Preston's Moor Park: A New Lease of Life for a Historic Green Space

A Natural Retreat at Your Doorstep Moor Park's redevelopment will create a stunning green space for everyone. The historic Serpentine…

December 06, 2024
Property Sellers & Buyers

From Tiny Homes to Mega-Mansions: Why Extremes Are Taking Over the Market

A Growing Divide in Lifestyle Choices In the past, the typical British homebuyer sought properties that were relatively uniform in…

November 08, 2024
Property Sellers & Buyers

Are Gardens Still a Top Priority for UK Homebuyers?

The Pandemic Effect: A Lasting Legacy The COVID-19 pandemic reshaped home life, transforming houses into multi-functional spaces for living, working,…

November 08, 2024
Property Sellers & Buyers

5 Reasons Why We're in a Buyer's Housing Market

1. Slower Than Usual House Price Growth This autumn, the market typically experiences a boost in property prices as many…

November 01, 2024
Landlords

UK Rental Market Insights Q3 2024: Record Rents, Market Pressures, and the North West Perspective

Record-High Rents: A Slower but Ongoing Increase Rental prices across the UK reached new heights in Q3 2024. Outside of…

November 01, 2024
Home & Beyond

The Ultimate Guide to Christmas Markets in the UK for 2024

Top 10 Christmas Markets Across the UK 1. Winter Wonderland - Hyde Park, London History: Established in 2007, Winter Wonderland…

October 31, 2024
Property Sellers & Buyers

Why Choosing the Right Estate Agent Makes All the Difference?

House Prices Are Rising, But Slowly House prices have been inching up over the past year. According to the Land…

October 25, 2024
Home & Beyond

What's On in Blackpool, Preston, Morecambe, and Lancaster: October - November 2024

Blackpool Events Blackpool Illuminations Dates: Until January 5, 2025 The Blackpool Illuminations are a spectacular light festival that has been…

October 23, 2024
Landlords & Tenants

Labour's Renters' Rights Bill - September's Update

The updates are part of Labour's broader housing strategy, designed to tackle long-standing private rental sector (PRS) issues and provide…

October 21, 2024
Home & Beyond

Haunted Spots in Preston, Lancaster, Blackpool, and Morecambe: A Spooky Halloween Guide

Preston Samlesbury Hall A History of Dark Secrets: Samlesbury Hall, a magnificent medieval manor house, holds a history steeped in…

September 20, 2024
Home & Beyond

The Ultimate Guide to Conker Collecting in Preston's Family-Friendly Parks

When Do Conkers Fall? The excitement of conker collecting peaks in early autumn. In the UK, conkers typically begin to…

September 20, 2024
Property Buyers

Understanding the Future Homes Standard: Everything You Need to Know<

Introduction and Background Goal The FHS is intended to reduce carbon emissions from new homes by 75-80% compared to homes…

September 20, 2024
Landlords

Essential Tips for First-Time Landlords in the UK

1. Understand Landlord-Tenant Laws Familiarise Yourself with UK Laws: The UK has a range of landlord-tenant regulations, including the Housing…

September 13, 2024
Property Buyers

9 Great Commuter Towns in the North West of England

1. Altrincham, Greater Manchester Commute to Manchester: Approximately 30 minutes by tram or 20 minutes by train. Highlights: Altrincham is…

September 13, 2024
Landlords

Understanding the Different Types of Let in the UK Housing Market

Types of Letting in the UK Housing Market Short Let Definition: A short let refers to renting out a property…

September 06, 2024
Landlords & Tenants

Top Tips for Landlords and International Students in the North West's Rental Market

For Landlords 1. Understand Your Market The North West, particularly cities like Manchester, Liverpool and Preston, has a large student…

September 06, 2024
Home & Beyond

World Fireworks Championship in Blackpool 2024: Everything You Need to Know

A Brief History of the World Fireworks Championship Origins of the Event The World Fireworks Championship in Blackpool began in…

September 06, 2024
Property Buyers

Exciting New Residential Developments in Preston: A Boost for the Local Community and Property Market

Overview of the Developments Lea Road Development by Story Homes One of the significant projects approved by the Preston City…

August 30, 2024
Property Buyers

Impact of the Bank of England's Rate Cut on Mortgages and the Housing Market

Impact on Mortgage Rates The reduction in the base rate will have varying effects on different types of mortgages: Variable…

August 23, 2024