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Farrell Heyworth Blog
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…
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…
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…
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…
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…
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…
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:…
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…
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…
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…
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…
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…
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…
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,…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…